Nigeria's microfinance banks (MFBs) experienced a significant surge in lending activities in 2025, with total loans increasing by 92.8 percent to reach N4.43 trillion. This growth has been attributed to the rising demand for credit from small businesses and low-income earners, which has fueled expansion within the microfinance sector. The latest figures released by the Central Bank of Nigeria (CBN) in its Statistical Bulletin provide a clear indication of the robust growth in this financial sub-sector, reflecting the ongoing efforts to enhance financial inclusion across the country.
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