Nigerian central bank to set up national micro-lender

godwin-emefiele
Godwin Emefiele

Nigeria’s central bank will establish a national micro-finance institution, while a leading presidential candidate has said he will not give the current governor a second term.

Central Bank of Nigeria governor Godwin Emefiele announced plans to set up a lender with a mandate to make micro-loans to small businesses and individuals. The micro-lender would help boost Nigera’s very low financial inclusion rates, Emefiele told a conference in Abuja on January 17, local publication Today reported.

E

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: