Tag Archives: Microfinance

Renmoney, a Nigerian consumer lending company, has emerged the winner of the ‘Award for Excellence in Microfinance Banking’. The award was presented at the 8th edition of the New Age Banking Summit which held at the Lagos Continental Hotel, Victoria Island. Other winners of the evening were: GTBank, Diamond Bank, First Bank, First City Monument Bank, Union Bank and Wema Bank. Receiving …

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The Nigerian Police Force (NPF) Micro-Finance Bank has directed that policemen be deployed in recovering all loans granted to defaulters by the bank, in order to keep the financial institution viable. Although the management of the Bank expressed satisfaction over the loan repayment by some customers but pointed out that the outstanding loans should be recovered from defaulters through the …

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