Moniepoint Microfinance Bank, renowned as Nigeria’s leading financial institution catering to small and medium-sized businesses, along with their customers and employees, has introduced its latest innovation: a new Unstructured Supplementary Service Data (USSD) banking service. Accessible via the account control…
Bankole Taiwo, Abeokuta Ogun Police Command has arrested four staff of ZEFA Microfinance Bank, Abule Ijoko Lemode area of Ifo Local Government area of the state over the death of 50-year-old Vivian Omo, wife to one of their debtors. The…
A 40-year-old employee of a Microfinance bank, Victor Owunwanne, was on Wednesday docked before an Ogudu Magistrates’ Court, Lagos, for allegedly defrauding his employer of about N20million. The police charged Owunwanne, who resides at No 5, Tijani Street, Lagos with…
A woman has reportedly set herself on fire in Abeokuta, the Ogun State capital, over her inability to pay back a N70,000 loan she obtained from a microfinance bank. The woman, identified as Mama Dada, burnt herself and her rented…
The Yobe State Microfinance Bank Managing Director, Sheriff Almuhajir, has raised the alarm alleging that the sum of N4.3 billion approved by the Central Bank of Nigeria (CBN) for banks in the state has been diverted somewhere else. Speaking mostly…
A 32-year-old business woman, Winifred Okoye, on Tuesday appeared before an Ogudu Magistrates’ Court, Lagos, for allegedly defrauding a Microfinance bank of N3 million. Okoye, who resides in the Mile 12 area of Lagos, is standing trial on a three-count…
