Out of 832 microfinance banks, four of them are now national, 75 are state, and the remaining 753 are unit MFBs.
In spite of the current economic recession in the country, the management of Auchi Microfinance Bank Limited said its total assets hit N576.625 million in 2015 representing 9.6 percent against N525.9 million recorded in 2014 represented at 4.7 percent.
Hassan Momodu, chairman, board of director of
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
IDRIS UMAR MOMOH
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
