By Stanley Opara Tuesday, 26 Oct 2010 Unity Bank Plc has said it will expand its operations all over Nigeria. The bank said it would open 19 more branches before December as an addition to its existing 229 branches nationwide. Speaking during a courtesy visit to PUNCH Nigeria Limited, Ogun state […]
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Nigeria’s CBN set to launch NAMI
 The Central Bank of Nigeria in collaboration with the Rural Finance institution Building Programme (RUFIN) will be convening a meeting of the Officials of the Zonal Associations of unlicensed Microfinance Institutions (MFIs) from the six geo-political zones of Nigeria.  The objective of the meeting is to formally launch […]
Revealed! Only 47 MFBs were recommended for license revocation
Oct 18, 2010; Babajide Komolafe  The joint examination of the Central Bank of Nigeria (CBN) and the Nigeria Insurance Corporation (NDIC) on microfinance banks recommended the revocation of the licenses of just 47 banks.  On September 24, the CBN revoked the licenses of 224 microfinance banks but two weeks […]
