Social Media Ideas for Cbn-Licensed Microfinance Bank

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premiumtimesng.com /4 weeks ago

CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy

“It can be widely accepted, and there is empirical evidence to support the fact that an economy cannot grow to a $1 trillion mark without the support of the financial services sect...

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nairobiwire.com /1 month ago

Borrowers Set for Major Relief Under Kenya’s New Microfinance Bill

The Central Bank of Kenya (CBK) would gain sweeping powers to regulate microfinance lenders and strengthen protections for borrowers if the Microfinance Bill, 2026, becomes law. Th...

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newsonlineng.com /5 days ago

FairMoney Surpasses 30 Million Registered Users in Nigeria

FairMoney has surpassed 30 million registered users in Nigeria. NewsOnline Nigeria reports that FairMoney Microfinance Bank has surpassed 30 million registered users in Nigeria,...

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premiumtimesng.com /1 month ago

CBN issues operational guidelines for BDCs’ forex purchases from banks, introduces tracking portal

The apex bank said every licensed BDC is free to purchase foreign exchange from any authorised dealer bank of its choice, stressing that banks must not impose exclusivity arrangeme...

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thisdaylive.com /2 weeks ago

How to Make Your Savings Work for You

Omolabake Fasogbon The Central Bank of Nigeria (CBN) has urged commercial banks to expand credit creation, following the N4.65 trillion raised in the just concluded recapitalisatio...

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thisdaylive.com /3 weeks ago

FCMB Raises FastCash Instant Loan Limit to N500,000

First City Monument Bank (FCMB), has increased the limit on its FastCash instant loan to N500,000, giving eligible customers greater access to funds for unexpected expenses and oth...

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alternativecreditinvestor.com /4 weeks ago

Dev bank FMO backs AccessBank with $75m credit facility

Dutch development bank FMO has provided a $75m (£55.6m) multi-currency credit facility to Azerbaijani AccessBank to support lending to small and medium-sized enterprises (SMEs). Ac...

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thisdaylive.com /2 weeks ago

Moniepoint MFB Launch Campaign to Boost Savings

Nume Ekeghe Moniepoint Microfinance Bank has launched an enhanced savings product line alongside a new campaign, “One Step Ahead,” featuring Nollywood actress and filmmaker, Funke...

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pmnewsnigeria.com /3 weeks ago

FCMB raises FastCash instant loan limit to â‚¦500,000

Eligibility is based on customers' transaction activity. Customers must have maintained an FCMB account for at least three months to be considered, while eligible returning custome...

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pmnewsnigeria.com /1 month ago

CBN moves to curb fintech monopoly, protect consumers

The Central Bank of Nigeria (CBN) says it is introducing stricter regulations for fintech companies and digital payment providers to ensure fair competition in the financial sector...

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newsonlineng.com /1 month ago

CBN Retains Interest Rate at 26.5% as MPC Holds MPR for Second Consecutive Meeting

CBN has retained interest rate at 26.5% as MPC holds MPR for second consecutive meeting. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has retained the Moneta...

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thisdaylive.com /3 weeks ago

In New Policy Tweak, CBN Removes Discount Window Restrictions on FX, Government Securities Transactions

• Broadens OMO participation as individuals, corporates, non-bank financial institutions gain access to market through banks •Resumes tenored repo operations of up to 90 days to...

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punchng.com /4 weeks ago

CBN deepens fintech regulation with second sandbox cohort

The CBN opens Cohort 2 of its Regulatory Sandbox Programme, expanding fintech regulation to include virtual assets and data-driven financial services. Appl Read More: https://punc...

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bitpinas.com /1 month ago

MariBank Officially Becomes a Digital Bank Under BSP Rules

The BSP has granted MariBank Philippines a digital banking license, officially reclassifying the institution from a rural bank while maintaining existing customer accounts and PDIC...

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thisdaylive.com /1 month ago

Alternative Bank Bags Two Awards for Inclusive Finance, Social Impact

Kuni Tyessi in Abuja Two independent recognitions have highlighted The Alternative Bank’s growing role in advancing inclusive finance and social impact, recognising its efforts to...

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newsonlineng.com /1 month ago

CBN Fails to Publish Annual Financial Statements Since 2022 Despite Legal Requirement

CBN failed to publish annual financial statements since 2022 despite legal requirement. NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has yet to publish its a...

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thisdaylive.com /2 weeks ago

AfriGO Empowers Microfinance Banks to Accelerate Financial Inclusion

Nume Ekeghe Afrigopay Financial Services Limited, operators of Nigeria’s sovereign national payment card scheme, has called for greater collaboration and innovation in the microfin...

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pmnewsnigeria.com /1 month ago

CBN Introduces digital tracker to monitor BDC forex transactions

The Central Bank of Nigeria (CBN) has launched a new system to monitor how Bureau De Change (BDC) operators buy foreign exchange in the country.

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pmnewsnigeria.com /1 month ago

FirstGem: FirstBank’s sustainable approach to empowering Women Entrepreneurs

The fund targets women-led businesses operating in strategic sectors including food and beverage processing, beauty and cosmetics, catering, transportation and logistics, agricultu...

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economictimes.indiatimes.com /1 month ago

As banks shrink microfinance books, bigger MFIs prepare to grab the gap

Large microfinance companies including Muthoot Microfin and Satin Creditcare have raised their growth forecasts as private banks, small finance banks and smaller MFIs scale back le...

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dailypost.ng /1 month ago

FCMB commits N20bn to finance Nigeria’s healthcare businesses

To bridge a critical funding gap, First City Monument Bank (FCMB) has committed ₦20 billion to finance private healthcare businesses in Nigeria, targeting a critical sector in need...

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thisdaylive.com /3 weeks ago

AG Mortgage Bank’s N3.97bn Commercial Paper Records 100% Subscription

Ibrahim Shuaibu in Dutse AG Mortgage Bank Plc has raised N3.97 billion through its Series 2 and 3 Commercial Paper (CP) issuance as the offer recorded 100 per cent subscription, u...

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lindaikejisblog.com /1 month ago

Central Bank of Nigeria retains MPR at 26.5%

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), also known as the benchmark interest ra

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thenews-chronicle.com /1 month ago

CBN Introduces Tougher FX Rules as BDC Weekly Dollar Purchases Face New Limit

The Central Bank of Nigeria has rolled out stricter foreign exchange regulations for Bureau De Change operators, introducing a weekly purchase limit of 150,000 dollars from authori...

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