Microfinance Banks’ balance sheet hits N6trn in 5 Years

Nigeria’s microfinance banking industry has recorded significant growth over the past five years, with its total balance sheet rising from less than N300 billion to more than N6 trillion. The President of the National Association of Microfinance Banks (NAMB), Dr. Adenrele Oni, disclosed this at the association’s 16th Annual General Meeting (AGM) in Abuja, where […]