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Nigeria, largest microfinance market in Africa –Consultant

A finance consultant, Mr. Nuhu Danjuma, says Nigeria is the largest microfinance market in Africa, but that the sector has never benefited from cheap capital. Danjuma told the News Agency of Nigeria in Abuja on Thursday that high interest rate charged on loans by the microfinance banks was because they […]

Nigeria, largest microfinance market in Africa –Consultant

A finance consultant, Mr. Nuhu Danjuma, says Nigeria is the largest microfinance market in Africa, but that the sector has never benefited from cheap capital. Danjuma told the News Agency of Nigeria in Abuja on Thursday that high interest rate charged on loans by the microfinance banks was because they […]

Fidelity Bank shareholders approve N4.05bn dividend payout

Shareholders of Fidelity Bank Plc have approved a total dividend payout of N4.05bn proposed by the Board of Directors of the bank for the financial year ended December 31, 2011. The amount, which translated to 14 kobo per share, will be posted on May 23, 2012, according to the bank. […]