Microfinance Institutions in Nigeria: Challenges and Ways Forward
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Date
2014
Authors
Abu, I.N
Aguda, N.A
Journal Title
Journal ISSN
Volume Title
Publisher
Exclusive Journal Publishing House
Abstract
The microfinance sub-sector in Nigeria is faced with many challenges. Due to the large number of MFBs, it
has been a challenge for regulators to provide strict and close supervision of their activities. However all
hands must be on deck to ensure that the institutions arc cfficicmly run by surmounting the challenges and
exploit the prospects, because microfinancc provides a credible platform for the eradication of the poverty and
economic development of the nation.
Description
Staff Publications
Keywords
Microfinance , Central Bank of Nigeria , Economy , DIC and Banks
Citation
Abu, I.N and Aguda, N.A (2014) Microfinance Institutions in Nigeria: Challenges and Ways Forward. Journal of Entrepreneurship, Vol.2(10), 21p.