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PenCom, NIRSAL MFB Launch Non-Interest Fund, Loans

PenCom, NIRSAL MFB Launch Non-Interest Fund, Loans   The National Pension Commission (PenCom) says it has introduced a non-interest fund (Fund VI) and issued an operational framework for the fund to guide pension contributors and retirees. In a publication, the pension regulatory agency said it was in...

NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement

NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement       The Central Bank of Nigeria has released the framework for NIRSAL Microfinance Bank to commence the disbursement of the N75bn Nigeria Youth Investment Fund. It said this in its statement titled ‘Framework for the operation of the...

NIRSAL MFB To Issue Loans To MSMEs At 5%, Says Emefiele

NIRSAL MFB To Issue Loans To MSMEs At 5%, Says Emefiele The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, on Wednesday said that the newly-established NIRSAL Microfinance Bank would provide loans to small businesses at a single digit interest rate of five per cent....