The microfinance sector in Nigeria is increasing in growth daily, giving millions of Nigerians easy access to financial services without the hassle of visiting traditional banks. One of the key players in this industry is the Accion Microfinance Bank (MFB), which has been at the forefront of this change, supporting micro-entrepreneurs, small businesses, and low-income…
AB Microfinance Bank is one of the leading national microfinance banks in Nigeria, licensed by the CBN and backed by global investors like IFC and KfW. While their USSD code (*389*755#) makes banking easy without internet, you first need to open and activate your account. This step is often done on the AB mobile app…
Banking in Nigeria has become more than just savings and loans, today, microfinance banks like AB MFB also help you recharge your phone or buy data without stress. With the official USSD code *389*755#, you can top up airtime or data bundles in seconds, directly from your account, without internet or visiting a branch. This…
Microfinance banks in Nigeria are filling the gap that commercial banks left wide open, especially for small businesses, traders, and individuals who want fast banking without stress. AB Microfinance Bank (AB-MFB) is one of the leading players in this space. Licensed by the Central Bank of Nigeria since 2008, AB-MFB has grown across Lagos, Oyo,…
In Nigeria today, microfinance banks are no longer the “small” alternative. Many of them, like Links Microfinance Bank, now run full digital operations. If you dial their USSD code *723*2222# without an account, you’ll get the “Account not found” error. That’s because you must first open an account, either on the Sofri app (their digital…
The microfinance wave in Nigeria means people no longer have to queue in banks just to recharge or pay a bill. Links Microfinance (Sofri) gives you both online and offline ways to sort airtime and data, the Sofri app when you have internet and the USSD for when you don’t. If you want to buy…
Getting a loan in Nigeria used to be one of the most stressful things ever. You had to go to the bank, fill out forms, bring guarantors, and sometimes even wait weeks before hearing back. But today, with the rise of microfinance banks and digital apps, you can apply for a loan from the comfort…
The rise of microfinance banks in Nigeria has given us the chance to do more without stepping inside a local bank. If you ask most people today when last they stood in a banking hall just to check their balance, they will surely tell you they can’t remember. That ease is what Links Microfinance Bank…
The microfinance industry in Nigeria is booming and increasingly becoming more used by people that do not have the time to be visiting local banks. Just like me, if you ask many people about when last they visited a local bank to deposit or make a transaction, they would surely tell you they can’t remember…
The finance industry is evolving, and millions of Nigerians rely on microfinance banks for quick access to their funds and financial services, especially when commercial banks feel out of reach. This increase in the number of daily users of microfinance banks benefits both new and old banks, thanks to their flexibility to perform actions instantly….