NPF Microfinance Bank Plc, a financial services institution in Nigeria, has reported a 23.7 percent decline in its after-tax profit in the first half of 2024.
The bank’s latest financial statement shows that high other operating and personnel expenses drove down its profit to N793 million from
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.