COVID-19 Loan: Repayment, and latest Update 2026

If you have collected COVID-19 loan from federal government during the pandemic and you have been wondering whether you still need to repay it. Then this article is for you. Over the last few months, thousands of Nigerians have raised concerns after discovering that money was deducted from their bank accounts to repay COVID-19 loans. … Read more

Top 50 Microfinance Banks in Nigeria (2026)

If you have ever tried getting a loan from a commercial bank in Nigeria, you probably know it is not always an easy process. Many banks have strict requirements that make it difficult for small business owners, traders, artisans, farmers, startups, and even salary earners to qualify for loans. That is exactly where microfinance banks … Read more

List of Microfinance Banks Revoked by CBN in Nigeria

The Central Bank of Nigeria (CBN) recently revoked licences of 46 microfinance banks across Nigeria. According to the apex bank, the affected microfinance banks failed to meet important regulatory requirements needed to continue operating in the country. The action is part of the CBN’s efforts to strengthen the Nigerian financial system and protect depositors. Microfinance … Read more