Insurance companies will soon be allowed to partner Microfinance Banks on Bancassurance arrangement in a bid to deepen insurance penetration in the country, LEADERSHIP can now reveal.
To this end, insurance industry regulator, which is the National Insurance Commission (NAICOM), is putting all...
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The police at Area M Idimu, Lagos Command have started manhunt for the operators of a Micro finance company after it was alleged that the company collected over N50m from depositors and bolted away.
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Get more: Nigeria Business News
Adegoke Elijah Adegbami, a financial management consultant who is also one of the pioneers in microfinance bank management in Nigeria, is currently the managing director of Mainstreet Microfinance Bank Limited in 2009, a subsidiary of Skye Bank Plc. In this interview, he speaks on prospects and...
NPF Microfinance Bank has gotten approval for the establishment of 11 more branches across the country.
The Central Bank of Nigeria gave the approval in a letter signed by Mrs. A.O. Kako on behalf of the Director, Other Financial Institutions Supervision Department.
The letter reads, “We refer...
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