65% of Nigeria’s Informal Businesses Saw Higher Revenues in 2025, But Only 47% Made More Profit

65% of Nigeria’s informal businesses earned more in 2025, but only 47% made profit, as inflation and high costs choke ...

The funding aims to strengthen financial inclusion, support small businesses, and enhance household resilience amid economic challenges.

Such a licence would make Moniepoint a competitor to long-established commercial banks, as it would become the first Nigerian fintech ...

LAPO Microfinance Bank Limited has recently announced a salary increase for its staff in response to the current economic realities ...

The Central Bank of Nigeria (CBN) has taken the decision to revoke the operating licenses of 132 Microfinance Banks, three ...

Small and medium-sized businesses are the focus of Infinity Microfinance Bank Limited, which also offers services including modest business loans ...

Tag: Microfinance