Microfinance banks’ credit filings rise 38.4% in Q1

Nigerian Tribune | 14-09-2026 10:41am |

Nigeria's microfinance banking sector recorded stronger credit activity in the first quarter of 2026. Financing-statement filings by microfinance banks rose 38.4 percent year-on-year to 22,977 from 16,600 a year earlier. The increase indicates a significant rise in credit-related transactions within the sector.

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