Business Hilights

Tracking Nigeria's Headline Business News Online

NIRSAL Microfinance Bank (NMfB)

NIPOST begins renewal of 2,000 Post offices nationwide to drive National MFB

The Postmaster General of the country and Managing Director of Nigerian Postal Service (NIPOST), Adebisi Adegbuyi, has disclosed that his agency has jump-started preparations ahead of takeoff of the proposed NIRSAL Microfinance Bank (NMFB). The Central Bank of Nigeria (CBN)…

Struggling banks’ may fight CBN’s NIRSAL MFB scheme to remain alive

The emerging realization of NIRSAL Microfinance Bank (NMfB) scheme nationwide though would deepen financial inclusion if digitally driven, there are chances that some commercial banks may not survive in their last push to remain solvent when NMfB goes nationwide. Otherwise,…