Saturday, June 20, 2026

Microfinance Bank

January 14, 2026

Man, 31, in court over alleged N2.5 million fraud

The chief magistrate adjourned the case until February 3 for hearing.

Court room
March 5, 2025
Courtroom
July 25, 2024

Ibadan banker nabbed for stealing N562,700

Mr Awe, a staff of Seedly Prime Microfinance Bank, Ibadan, was charged with stealing, to which he pleaded not guilty.

Courtroom
May 24, 2023

139 microfinance banks, firms’ licences revoked by CBN for violating laws: Emefiele

CBN has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage banks across the country.

Central Bank of Nigeria and CBN Governor, Godwin Emefiele
May 14, 2023

Debtor’s wife dies resisting loan sharks in Ogun

The loan sharks proceeded to confiscate and take away the couple’s electronic gadgets but were resisted by the deceased.

Abimbola Oyeyemi
April 13, 2023

Investors lose N5 billion in Thursday’s trading as NGX

The All Share Index (ASI) decreased by 8.83 points, representing a decline of 0.02 per cent to close at 51,944.58 from 51,953.41 on Wednesday.

Trading floor
January 26, 2023

Gov. Zulum directs set up of emergency banks to mop up old naira notes in Borno

“Zulum’s directive follows the CBN’s policy on stoppage of old naira notes amid the absence of banking services across 25 out of Borno’s 27 LGAs.”

Babagana Umara Zulum
November 29, 2022

NGX maintains bearish trend, indices drop by 0.24%

The market capitalisation shed N62 billion to close at N25.775 trillion, compared with N25.837 trillion on Monday.

Nigerian Exchange
August 20, 2021

CBN threatens license revocation for microfinance banks trading in FX

The apex bank promised to apply severe regulatory sanctions on microfinance banks breaching the sector’s extant regulations.

CBN Godwin Emefiele (credit: Bloomberg)
March 8, 2021
Gavel used to illustrate the story