Home COMPANIES List of Licensed Microfinance Bank in Nigeria(2020)

List of Licensed Microfinance Bank in Nigeria(2020)

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If you’re looking for a list of licensed Microfinance Bank in Nigeria, I’m glad to let you know you’re at the right place.

Definition of microfinance Bank

Microfinance Bank is a financial institution with the sole responsibility to provide credit facilities to individuals, small and medium enterprises.

Types of microfinance Bank in Nigeria

TVs and Audio Category

They are five types of microfinance Bank in Nigeria.

1. Community Microfinance Bank

They are microfinance Bank opened by stakeholders of particular towns, cities and institutions.

2. Privately owned Microfinance Bank

They are owned by individual or shareholders with main purpose to help individual, businesses and organization have access to credit facilities.

3. Government owned Microfinance Bank

They are owned by government for the main purpose to help farmers, individual and industries to have access to loans. Bank of Agriculture is example of microfinance Bank created for the purpose of helping farmers. Bank of Industries microfinance Bank was created for helping small and medium enterprises.

4. Non Governmental Organization microfinance Bank

They are microfinance Bank created by non governmental organizations. They are created to ease or pave-way for economic development.

5. Foreign owned Microfinance Bank

They are created by foreign shareholders. Some of these microfinance Bank operate internationally. AB microfinance Bank is among the foreign owned Microfinance Bank. They provide credit facilities to small and medium enterprises.

Categories of microfinance Bank in Nigeria

There are three 3 categories of microfinance Bank in Nigeria.

1. Unit Microfinance Bank

They are microfinance Banks licensed to operate in only one office. They are not permitted to have cash centers.

According to CBN regulations, they are only permitted to open upon fulfillment payment of N300 thousand as fixed capital.

2. State Microfinance Bank

They are only permitted to operate within a state or  federal capital territory (FCT). They are required to pay N2 Billion fixed capital. 

3. National Microfinance Bank

We have nine (9) national microfinance Banks in Nigeria. They are permitted to operate nationwide. They are required to pay N5 Billion fixed capital.

List of microfinance Bank in Nigeria

According to Central Bank of Nigeria, under listed are Microfinance Institutions in Nigeria

1A.D.A Microfinance Bank Limited 
2AACB Microfinance Bank Limited 
3AB Microfinance Bank Limited 
4Abatete Microfinance Bank Limited 
5ABC Microfinance Bank Limited  
6Abia State University Microfinance Bank Limited 
7Abigi Microfinance Bank Limited 
8Abokie Microfinance Bank Limited 
9Abucoop Microfinance Bank Limited 
10Accion Microfinance Bank Limited 
11ACE Microfinance Bank Limited 
12Acheajebwa Microfinance Bank Limited 
13Achina Microfinance Bank Limited 
14Active Point Microfinance Bank Limited 
15Acuity Microfinance Bank Limited 
16Ada Microfinance Bank Limited 
17Adaigbo Microfinance Bank Limited 
18Adazi- Nnukwu Microfinance Bank Limited 
19Adazi-Enu Microfinance Bank Limited 
20Addossar Microfinance Bank Limited 
21Adkolm-Emerald Microfinance Bank LImited 
22Advance Microfinance Bank Limited 
23Afemai Microfinance Bank Limited 
24Afotamodi-Ogunola Microfinance Bank Limited 
25Agbarho Microfinance Bank Limited 
26Agbowu Microfinance Bank Limited 
27Agosasa Microfinance Bank Limited 
28Aguda Titun Microfinance Bank Limited 
29Aguleri Microfinance Bank Limited 
30Ahetou Microfinance Bank Limited 
31Ahmadu Bello University Microfinance Bank Limited 
32Aiyepe Microfinance Bank Limited 
33Aja-Yejebwo Microfinance Bank Limited 
34Ajaye-Jebwo Microfinance Bank Limited 
35Ajeko Microfinance Bank Limited 
36Ajewole Microfinance Bank Limited 
37Ajikobi Microfinance Bank Limited 
38Ajingi Microfinance Bank Limited  
39Ajiya Microfinance Bank Limited 
40Ajose Microfinance Bank Limited 

Read Also: List of licensed commercial Bank in Nigeria (2020)

41Ajuta Microfinance Bank Limited 
42Akalabo Microfinance Bank Limited 
43AKCOFED Microfinance Bank Limited 
44Akokwa Microfinance Bank Limited 
45Akpo Microfinance Bank Limited 
46Aku Diewa Microfinance Bank Limited 
47Akuchukwu Microfinance Bank Limited 
48Akwengwu Microfinance Bank Limited 
49Al Hayat Microfinance Bank Limited 
50Al-Barakah Microfinance Bank Limited 
51Alache Microfinance Bank Limited 
52Albasu Microfinance Bank Limited 
53Alekun Microfinance Bank Limited 
54Aliero Microfinance Bank Limited 
55Alkaleri Microfinance Bank Limited 
56All Seasons Microfinance Bank Limited 
57All Workers Microfinance Bank Limited 
58Ally Microfinance Bank Limited 
59Aloaye Microfinance Bank Limited 
60Alor Microfinance Bank Limited 
61Altitude Microfinance Bank Limited  
62Alvana Microfinance Bank Limited 
63Amaifeke Microfinance Bank Limited 
64Amazu Microfinance Bank Limited 
65Amba Microfinance Bank Limited 
66Amegy Microfinance Bank Limited 
67AMJU Unique Microfinance Bank Limited 
68AMML Microfinance Bank Limited 
69Amoye Microfinance Bank Limited 
70Amram Microfinance Bank Limited 
71Amucha Microfinance Bank Limited 
72Amuro Microfinance Bank Limited 
73Anchorage Microfinance Bank Limited 
74Aniocha Microfinance Bank Limited 
75Annointed Microfinance Bank Limited 
76Anya Microfinance Bank Limited 
77Aogo Microfinance Bank Limited 
78Apa Microfinance Bank Limited 
79Apeks Microfinance Bank Limited 
80Apex Trust Microfinance Bank Limited 
81Apple Microfinance Bank Limited 
82Aramoko Microfinance Bank Limited 
83Arochukwu Microfinance Bank Limited 
84Arondizuogu Microfinance Bank Limited 
85Asha Microfinance Bank Limited 
86Aspire Microfinance Bank LImited 
87Asset Matrix Microfinance Bank Limited 
88Assets Microfinance Bank Limited 
89Associated Investment Trust Microfinance Bank Limited 
90Astra Polaris Microfinance Bank Limited 
91Atlas Microfinance Bank Limited 
92Atyap Microfinance Bank Limited 
93Auchi Microfinance Bank Limited 
94Augie Microfinance Bank Limited 
95Avuenegbe Microfinance Bank Limited 
96Avunegbe Microfinance Bank Limited 
97Avyi Microfinance Bank Limited 
98Awe Microfinance Bank Limited 
99Awgbu Microfinance Bank Limited 
100Awka Microfinance Bank Limited 
101Awka-Etiti Microfinance Bank Limited 
102Awkuzu Microfinance Bank Limited 
103Ayete Microfinance Bank Limited 
104AZSA Microfinance Bank Limited 
105Babba Microfinance Bank Limited 
106Babcock Microfinance Bank Limited 
107Babura Microfinance Bank Limited 
108Bagwai Microfinance Bank Limited 
109Bakassi Microfinance Bank Limited 
110Balera Microfinance Bank Limited 
111Balogun Ajikobi Microfinance Bank Limited 
112Balogun Fulani Microfinance Bank Limited 
113Balogun Gambari Microfinance Bank Limited 
114Bam Microfinance Bank Limited 
115Bama Microfinance Bank Limited 
116Bancorp Microfinance Bank Limited  
117Banex Microfinance Bank Limited 
118Barnawa Microfinance Bank Limited 
119Bauchi CFA Mirofinance Bank Limited 
120Bauchi Investment Corporation (BIC) MFB Limited 
121Bauchi Investment Corporation MFB Limited 
122Bawyi Microfinance Bank Limited 
123Bayajidda Microfinance Bank Limited 
124Bayetin MFB Microfinance Bank Limited 
125Bayetin Microfinance Bank Limited 
126Bejin-Doko Microfinance Bank Limited 
127Berachah Microfinance Bank Limited 
128Best Star Microfinance Bank Limited 
129Bestway Microfinance Bank Limited 
130Bethel Microfinance Bank Limited 
131Bethesda Microfinance Bank Limited 
132Bethseda Microfinance Bank Limited 
133BFL Microfinance Bank Limited 
134Bibajinre Microfinance Bank Limited 
135Bichi Microfinance Bank Limited 
136Bigthana Microfinance Bank Limited 
137Birni Microfinance Bank Limited  
138BishopGate Microfinance Bank Limited 
139Biyama Microfinance Bank Limited  
140Biztrust Microfinance Bank LImited 
141Blucon Microfinance Bank LImited 
142Blue Intercontinental Microfinance Bank Limited 
143Blue Ridge Microfinance Bank Limited 
144Bmazazhin Microfinance Bank Limited 
145BOI Microfinance Bank Limited 
146Boig Microfinance Bank Limited 
147Boji Boji Microfinance Bank Limited 
148Bokkos Microfinance Bank Limited 
149Boluwaduro Microfinance Bank Limited 
150Bompai Microfinance Bank Limited 
151Bonded Microfinance Bank Limited 
152Bonghe Microfinance Bank Limited 
153Borgu Microfinance Bank Limited 
154Borno Renaissance Microfinance Bank Limited 
155Boromu Microfinance Bank Limited 
156Borstal Microfinance Bank Limited 
157Bosak Microfinance Bank Limited 
158Bowen Microfinance Bank Limited 
159Bowman Microfinance Bank Limited 
160Brass Microfinance Bank Limited 
161Briyth Covenant Microfinance Bank Limited 
162Broadview Microfinance Bank Limited 
163Brooks Microfinance Bank Limited 
164Bundi Microfinance Bank Limited 
165Bungudu Microfinance Bank Limited 
166Bunkasa Microfinance Bank Limited 
167Bunkure Microfinance Bank Limited 
168Business Support Microfinance Bank Limited 
169Busu Microfinance Bank Limited 
170CAFON Microfinance Bank Limited 
171Calabar Microfinance Bank Limited 
172Calm Microfinance Bank Limited 
173Capstone Microfinance Bank Limited 
174Cardinal Rock Microfinance Bank Limited 
175Caretaker Microfinance Bank Limited 
176Cash Cow Microfinance Bank Limited 
178Castle Microfinance Bank Limited 
179Catland Microfinance Bank Limited  
180Cedar Microfinance Bank Limited 
181CEMCS Microfinance Bank Limited 
182Chanelle Microfinance Bank Limited 
183Chartwell Microfinance Bank Limited 
184Chelsea Microfinance Bank Limited 
185Cherish Microfinance Bank Limited 
186Chevron Employee Co-operative MFB 
187Chibueze Microfinance Bank Limited 
188Chidera Microfinance Bank Limited  
189Chigbe-Yaji Microfinance Bank Limited 
190Chikum Microfinance Bank Limited 
191Chimham Microfinance Bank Limited 
192Chrisore Microfinance Bank Limited 
193Chronicles Microfinance Bank Limited 
194Chukwunenye Microfinance Bank Limited 
195CIT Microfinance Bank Limited 
196Citadel Microfinance Bank Limited 
197City Mission Methodist Microfinance Bank Limited 
198Civic Microfinance Bank Limited 
199Coalcamp Microfinance Bank Limited 
200Coastline Microfinance Bank Limited 
201Coconut Avenue Microfinance Bank Limited 
202COE Minna Microfinance Bank Limited 
203Combined Benefits Microfinance Bank Limited 
204Commonwealth Microfinance Bank Limited 
205Compass Microfinance Bank Limited 
206Complete Trust Microfinance Bank Limited 
207Confidence Microfinance Bank Limited 
208Confluence Microfinance Bank Limited 
209Conpro Microfinance Bank Limited 
210Consistent Trust (Ijesa Isu Confidence) Microfinance Bank Limited 
211Consumer Microfinance Bank Limited 
212Coral Microfinance Bank Limited 
213Corestep Microfinance Bank Limited 
214Cosmopolitan Microfinance Bank Ltd 
215Covenant Microfinance Bank Limited 
216Covenant University Microfinance Bank Limited 
217Cowries Microfinance Bank Limited 
218Credit Express Microfinance Bank Limited 
219Credit Plus Microfinance Bank Limited 
220CreditLink Microfinance Bank Limited 
221Creekline Microfinance Bank Limited 
222Crest Microfinance Bank Limited 
223Crossover Microfinance Bank Limited 
224Crowned Eagle Microfinance Bank Limited 
225CRUTECH Microfinance Bank Limited 
226Crystabel Microfinance Bank Limited 
227CSD Microfinance Bank Limited 
228CUB Microfinance Bank Limited 
229Custodian Microfinance Bank Limited 
230Dadin Kowa Microfinance Bank Limited 
231Daffo Mangai Microfinance Bank Limited 
232Dal Microfinance Bank Limited 
233Dambatta Microfinance Bank Limited 
234Danels Global Microfinance Bank Limited 
235Dangizhi Microfinance Bank Limited 
236Darazo Microfinance Bank Limited 
237Dawakin Tofa Microfinance Bank Limited 
238DCFA-Universal Microfinance Bank Limited 
239DEC-Enugu Microfinance Bank Limited 
240Decency Microfinance Bank Limited 
241Desmonarchy Microfinance Bank Limited 
242Destiny Microfinance Bank Limited 
243Diobu Microfinance Bank Limited 
244Doguwa Microfinance Bank Limited 
245Dolphin Microfinance Bank Limited 
246Dominion Microfinance Bank Limited 
247Dorben Microfinance Bank Limited 
248Dutse Microfinance Bank Limited 
249e-Barclays Microfinance Bank Limited 
250Eagle Flight Microfinance Bank Limited 
251Eagle Microfinance Bank Limited 
252Earnwell Microfinance Bank Limited 
253East Gate Microfinance Bank Limited 
254Eastman Microfinance Bank Limited 
255Ebedi Microfinance Bank Limited 
256Ebonyi State University Microfinance Bank Limited 
257Ebu Microfinance Bank Limited  
258Echo Microfinance Bank Limited
259Edo Microfinance Bank Limited 
260Eduek Microfinance Bank Limited 
261Edumana Microfinance Bank Limited 
262Egbe Microfinance Bank Limited 
263Egbemoha Microfinance Bank Limited 
264Ehor Microfinance Bank Limited 
265Ejiamatu Microfinance Bank Limited 
266Ejiamatu Microfinance Bank Ltd 
267EK-Reliable (Ikole Ekiti) Microfinance Bank Limited 
268Ekimogun Microfinance Bank Limited 
269Ekondo Microfinance Bank Limited 
270Ekuombe Microfinance Bank Limited 
271Ekwulobia Microfinance Bank Limited 
272Elim Microfinance Bank Limited 
273Elo-Emede Microfinance Bank Limited 
274Emerald Microfinance Bank LImited 
275Endwell Microfinance Bank Limited 
276Enterprise Microfinance Bank Limited 
277Enugu-Ukwu Microfinance Bank Limited 
278Equator Microfinance Bank Limited 
279Equinox Microfinance Bank Limited 
280Ere City Microfinance Bank Limited 
281Eruwon Microfinance Bank Limited 
282Esan Microfinance Bank Limited 
283Eso-E Microfinance Bank Limited 
284Estate Microfinance Bank Limited 
285Ethics Microfinance Bank Limited 
286Everest Microfinance Bank Limited 
287EWT Microfinance Bank Limited 
288Excel Microfinance Bank Limited 
289Excellent Microfinance Bank Limited 
290Ezebo Microfinance Bank Limited 
291Fadan Chawai Microfinance Bank Limited 
292Fahimta Microfinance Bank Limited 
293Faith Microfinance Bank Limited 
294Fame Microfinance Bank Limited 
295FBN Microfinance Bank Limited 
296FCE Obudu Microfinance Bank Limited 
297FCT Microfinance Bank Limited 
298FEDETH Co-op Microfinance Bank Limited 
299FEDPOLY Microfinance Bank Limited 
300Femaz Microfinance Bank Limited 
301FFS Microfinance Bank Limited 
302Fidfund Microfinance Bank Limited 
303FIMS Microfinance Bank Limited 
304Finatrust Microfinance Bank Limited 
305FINCA Microfinance Bank Limited 
306Finex Microfinance Bank Limited 
307First Heritage Microfinance Bank Limited 
308First Ideal Microfinance Bank Limited 
309First Index Microfinance Bank Limited 
310First Lowland Microfinance Bank Limited 
311First Multiple Microfinance Bank Limited 
312First Multiple Microfinance Bank Limited 
313First Mutual Microfinance Bank Limited 
314First Option Microfinance Bank Limited 
315First Royal Microfinance Bank Limited 
316Fiyinfolu Microfinance Bank Limited 
317Flourish Microfinance Bank LImited 
318Foresight Microfinance Bank Limited 
319Fortis Microfinance Bank Limited 
320Fortress Microfinance Bank Limited 
321Forward Microfinance Bank Limited 
322Freedom (Lagos) Microfinance Bank Limited 
323Frontline Microfinance Bank Limited 
324Fufore Microfinance Bank Limited 
325FUT Minna Microfinance Bank Limited 
326FUTO Microfinance Bank Limited 
327Future Growth Microfinance Bank Limited 
328Gaa Akanbi Microfinance Bank Limited 
329Gabasawa Microfinance Bank Limited 
330Gains Microfinance Bank Limited 
331Galilee (Well Woman) Microfinance Bank Limited 
332Galilee Microfinance Bank Limited 
333Gamawa Microfinance Bank Limited 
334Gapbridge Microfinance Bank Limited 
338Garden City Microfinance Bank Limited 
339Garewa Microfinance Bank Limited 
340Garki Microfinance Bank Limited 
341Garko Microfinance Bank Limited 
342Garu Mallam Microfinance Bank Limited 
343Garu Microfinance bank Limited 
344Gashua Microfinance Bank Limited 
345Gaya Microfinance Bank Limited 
346Gbede Microfinance Bank Limited 
347Gboko Microfinance Bank Limited 
348Gezawa Microfinance Bank Limited 
349Gidauniya Alheri MFB Limited 
350Gideon Trust Microfinance Bank Limited 
351Girei Microfinance Bank Limited 
352Giwa Microfinance Bank Limited 
353Global Initiative Microfinance Bank Limited 
354Global Trust Microfinance Bank Limited 
355Glory Microfinance Bank Limited 
356Gobarau Microfinance Bank Limited 
357Gold Microfinance Bank Limited 
358Golden Choice Microfinance Bank Limited 
359Golden Funds Microfinance Bank Limited 
360Goldman Microfinance Bank Limited 
361Gombe Microfinance Bank Limited 

Read Also: Entry Level Salaries of Different Companies in Nigeria(2020)

362Good Neighbors Microfinance Bank Limited 
363Good Save Microfinance Bank Limited 
364Good Shepherd Microfinance Bank Limited 
365Gracefield Microfinance Bank Limited 
366Grand Fortress Microfinance Bank Limited 
367Grants Microfinance Bank Limited 
368Grassroot Microfinance Bank Limited 
369Green Acres Microfinance Bank Limited 
370Green Energy Microfinance Bank Limited 
371Green-Bank Microfinance Bank Limited 
372Greenfield Lagos Microfinance Bank Limited 
373Greenland Microfinance Bank Limited 
374GTI Microfinance Bank Limited 
375Guddiri Microfinance Bank Limited 
376Gudusisa Microfinance Bank Limited 
377Gufax Microfinance Bank Limited 
378Gulfare Microfinance Bank Limited 
379Gwadabawa Microfinance bank Limited 
380Gwong Microfinance Bank Limited 
381Hadejia Microfinance Bank Limited 
382Hallowed Microfinance Bank Limited 
383Halmond Microfinance Bank Limited 
384Hamda Microfinance Bank Limited 
385Hamdala Microfinance Bank Limited 
386Happy Note Microfinance Bank Limited 
387Harvest Microfinance Bank Limited 
388Hasal Microfinance Bank Limited 
389Headstone Microfinance Bank Limited 
390Hedgeworth Microfinance Bank Limited 
391Heritage Microfinance Bank Limited 
392High Street Microfinance Bank Limited 
393Highland Microfinance Bank Limited 
394Hillspring (Gworok) Microfinance Bank Limited 
395Hillspring Microfinance Bank Limited 
396Hinache Microfinance bank Limited 
397Hitech Microfinance Bank Limited 
398Honey Microfinance Bank Limited 
399Hybrid Microfinance Bank LImited 
400Iba Microfinance Bank Limited 
401Ibeto Microfinance Bank Limited 
402Ibogun Microfinance Bank Limited 
403Ibokwe Microfinance Bank Limited 
404Ibolo Microfinance Bank Limited 
405Ibu-Aje Microfinance Bank Limited 
406IC-Global Microfinance Bank Limited 
407ICB Microfinance Bank Limited 
408Ichi Microfinance Bank Limited 
409Ideato Microfinance Bank Limited 
410Ideato-South Microfinance Bank Limited 
411Idemili Microfinance Bank Limited 
412Idese Microfinance Bank Limited 
413Idumuje Microfinance Bank Limited 
414Ifeanyichukwu Microfinance Bank Limited 
415Ifedapo Microfinance Bank Limited 
416Ifelodun Microfinance Bank Limited 
417Igangan Microfinance Bank Limited 
418Igbo-Ora Microfinance Bank Limited 
419Igbo-Ukwu Microfinance Bank Limited 
420Ighomo Microfinance Bank Limited 
421Ihechiowa Microfinance Bank Limited
422Ihiala Microfinance Bank limited 
423Ihioma Microfinance Bank Limited 
424Ijare Microfinance Bank Limited 
425Ijebu Ife Microfinance Bank Limited 
426Ijesa Isu Confidence Microfinance Bank Limited  
427Ijomu-Oro Microfinance Bank Limited 
428Ikenne Microfinance Bank Limited 
429Ikire Microfinance Bank Limited 
430Ikole Ekiti Microfinance Bank Limited 
431Ikorodu Division Microfinance Bank Limited 
432Ikoyi-Ile Microfinance Bank Limited 
433Ikoyi-Osun Microfinance Bank Limited 
434Ilaro Polytechnic Microfinance Bank Limited 
435Ile-Oluji Microfinance Bank Limited 
436Ilisan Microfinance Bank Limited 
437Ilobu Microfinance Bank Limited 
438Iloffa Microfinance Bank Limited 
439Ilora Microfinance Bank Limited 
440Ilorin Microfinance Bank Limited 
441Ilu Tuntun-Osoro Microfinance Bank Limited 
442Iludun Oro Microfinance Bank Limited 
443Ilutuntun-Osoro Microfinance Bank Limited 
444IMAD Microfinance Bank Limited 
445Imodi-Imosan Microfinance Bank Limited 
446IMOPOLY Microfinance Bank Limited 
447Imowo Microfinance Bank Limited 
448IMSU Microfinance Bank Limited 
449IMT Microfinance Bank Limited 
450Infinity Microfinance Bank Limited 
451Ini Microfinance Bank Limited 
452Inri Microfinance Bank Limited 
453Insight Microfinance Bank Limited 
454Interland Microfinance Bank Limited 
455IOC Microfinance Bank Limited 
456Ipapo Microfinance Bank Limited 
457Iperu Microfinance Bank Limited 
458IPMAN Satellite Microfinance Bank Limited 
459Ipodo-Ikeja Microfinance Bank Limited 
460Irolu-Remo Microfinance Bank Limited 
461Isale Oyo Microfinance Bank Limited 
462Ishiagu Microfinance Bank Limited 
463Ishie Microfinance Bank Limited 
464Isi-Uzo Microfinance Bank Limited 
465Island Microfinance Bank Limited 
466Isu Microfinance Bank Limited 
467Isuofia Microfinance Bank Limited 
468Ivie Microfinance Bank Limited 
469Iwa Microfinance Bank Limited 
470Iwade Microfinance Bank Limited 
471Iwoama Microfinance Bank Limited 
472Iwoye-Ijesha Microfinance Bank Limited 
473Iyamoye Microfinance Bank Limited 
474Iyede Microfinance Bank Limited 
475Iyeru Okin Microfinance Bank Limited 
476Iyin Ekiti Microfinance Bank Limited 
477Izzi Microfinance Bank Limited 
478Jamis Microfinance Bank Limited 
479Janmaa Microfinance Bank Limited 
480Jen Microfinance Bank Limited 
481Jesse Field Microfinance Bank Limited 
482Jewel Coop Microfinance Bank Limited 
483Josad Microfinance Bank Limited 
484Kabba Microfinance Bank Limited 
485Kabo Microfinance Bank Limited 
486Kada Microfinance Bank Limited 
487Kadpoly Microfinance Bank Limited 
488Kadupe Microfinance Bank Limited 
489Kajola Microfinance Bank Limited 
490Kamba Microfinance Bank Limited 
491Kangiwa Microfinance Bank Limited 
492Kano-West Microfinance Bank Limited 
493Karis Microfinance Bank Limited 
494Katagum Microfinance Bank Limited 
495Kaugama Microfinance Bank Limited 
496KCMB Microfinance Bank Ltd 
497Keffi Microfinance Bank Limited 
498Kenechukwu Microfinance Bank Limited 
499Kernel Microfinance Bank Limited 
500KHB Microfinance Bank Limited 
501King Solomon Microfinance Bank Limited 
502Kirfi Microfinance Bank Limited 
503Kisi Microfinance Bank Limited 
504KJL Microfinance Bank Limited 
505KMC Microfinance Bank Limited 
506Kogi Microfinance Bank Limited 
507Kontagora Microfinance Bank Limited 
508Kopo-Kope Microfinance Bank Limited 
509Korede Microfinance Bank Limited 
510Kpacharka Microfinance Bank Limited 
511KRGY Microfinance Bank Limited 
512KSF Microfinance Bank LImited 
513Kunagaba Microfinance Bank Limited 
514Kunchi Microfinance Bank Limited 
515Kwali Microfinance Bank Limited 
516Kwara Commercial Microfinance Bank Ltd 
517Kwatashi Microfinance Bank Limited 
518La Fayette Microfinance Bank Limited 
519Landgold Microfinance Bank Limited 
520Langtang Microfinance Bank Limited 
521Lapai Microfinance Bank Limited 
522LASU Microfinance Bank Limited 
523Lavender Microfinance Bank Limited  
524Lavunkpan Microfinance Bank Limited 
525Lawyers Microfinance Bank Limited 
526Layelu Microfinance Bank Limited 
527Leadcity Microfinance Bank Limited 
528Leap Microfinance Bank Limited 
529Legacy Microfinance Bank Limited 
530Legend Microfinance Bank Limited 
531Lekki Microfinance Bank Limited 
532Levite Microfinance Bank Limited 
533Liberty Microfinance Bank Limited 
534Lifegate Microfinance Bank Limited 
535Lift Above Poverty Organisation Microfinance Bank  
536Light Microfinance Bank Limited 
537Links Microfinance Bank Limited 
538Living Spring Microfinance Bank Limited 
539Lovonus Microfinance Bank Limited 
540M & M Microfinance Bank Limited 
541Mabinas Microfinance Bank Limited 
542Macrod Microfinance Bank Limited 
543Madelyn Microfinance Bank Limited 
544Madobi Microfinance Bank Limited 
545Magajin Gari Microfinance Bank Limited 
546Magnet Microfinance Bank Limited 
547Maigatari Microfinance Bank Limited 
548Mainland Microfinance Bank Limited 
549Mainsail Microfinance Bank Limited 
550Mainstreet Microfinance Bank Limited 
551Makoda Microfinance Bank Limited 
552Manna Microfinance Bank Limited 
553MAPOLY Microfinance Bank Limited 
554Mar-Bonch Microfinance Bank Limited 
555Mark De-Rock Microfinance Bank Limited 
556Marvelous Microfinance Bank Limited 
557Masoyi Microfinance Bank Limited 
558Matol Microfinance Bank Limited 
559Maxitrust Microfinance Bank Limited 
560Mayfair Microfinance Bank Limited 
561MBA Microfinance Bank Limited 
562Mbaitoli Microfinance Bank Limited 
563Mbawulu Microfinance Bank Limited 
564Mega Microfinance Bank Limited 
565Megapraise Microfinance Bank Limited 
566Merchant Microfinance Bank Limited 
567Mercury Microfinance Bank Limited 
568Meridian Microfinance Bank Limited 
569Merit Microfinance Bank Limited 
570Metro Microfinance Bank Limited 
571Mgbidi Microfinance Bank Limited 
572Michika Microfinance Bank Limited 
573Microcred Microfinance Bank Nigeria Limited 
574Midland Microfinance Bank Limited 
575Minji-Se Churchill Microfinance Bank Limited 
576Minjibir Microfinance Bank Limited 
577Minna Microfinance Bank Limited 
578Misau Microfinance Bank Limited 
579Model Microfinance Bank Limited 
580Modiya Microfinance Bank Limited 
581Mokin Microfinance Bank Limited 
582Molusi Microfinance Bank Limited 
583Monarch Microfinance Bank Limited 
584Moneycom Microfinance Bank Limited 
585Moneywell Microfinance Bank Limited 
586Moneywise Microfinance Bank Limited 
587Mopa Microfinance Bank Limited 
588MOUAU VASMUS Microfinance Bank Limited 
589Mountaintop (Mayfield) Microfinance Bank Limited 
590Mountaintop Microfinance Bank Limited 
591Moyofade Microfinance Bank Limited 
592Multivest Microfinance Bank Limited 
594Musharaka Microfinance Bank Limited 
595Mustard Microfinance Bank Limited 
596Mutual Benefit Microfinance Bank Limited 
597Mutual Trust Microfinance Bank Ltd 
598Mutunchi Microfinance Bank Limited 
599Mwaghavul Microfinance Bank limited 
600Nagarta Microfinance Bank Limited 
601Naisa Microfinance Bank Limited 
602Nakowa Microfinance Bank Limited 
603Namoda Microfinance Bank Limited 
604Nanka Microfinance Bank Limited 
605Nassarawa Microfinance Bank Limited 
606Natex Microfinance Bank Limited 
607Nations Microfinance Bank Limited 
608Ndiagu Microfinance Bank Limited 
609Ndiolu Microfinance Bank Limited 
610Ndiorah Microfinance Bank Limited 
611Needs Microfinance Bank Limited 
612Nenzit Microfinance Bank Limited 
613Network Microfinance Bank LImited 
615Neu-Kom Microfinance Bank Ltd 
616New Age Microfinance Bank Limited 
617New Era Microfinance Bank Limited 
618New Golden Pastures Microfinance Bank Limited 
619New Life Microfinance Bank Limited 
620New Vision Microfinance Bank Limited
621New World Microfinance Bank Limited 
622Ngala Microfinance Bank Limited 
623Ni’ima Microfinance Bank Limited 
624Nibo Microfinance Bank Limited 
625Nice Microfinance Bank Limited 
626NIgerian Prisons Microfinance Bank Limited 
627Ningi Microfinance Bank Limited  
628Nkpa Microfinance Bank Limited 
629Nkpologwu Microfinance Bank Limited 
630Nkpolu-UST Microfinance Bank Limited 
631Nnokwa Microfinance Bank Limited 
632Noble Microfinance Bank Limited 
633Nooble Microfinance Bank Limited 
634Nopov Microfinance Bank Limited 
635North Capital Microfinance Bank Limited 
636Northbridge Microfinance Bank Limited 
637NOUN (National Open University) Microfinance Bank Limited 
638Novel Microfinance Bank Limited 
639NPF Microfinance Bank Limited 
640Nri Microfinance Bank Limited 
641Nsehe Microfinance Bank Limited 
642Nsu Microfinance Bank Limited 
643Nsukka Township Microfinance Bank Limited 
644Ntueke Microfinance Bank Limited 
645Numo Microfinance Bank Limited 
646Nun Microfinance Bank Limited 
647Nurthorn Microfinance Bank Limited 
648NUT Endwell Microfinance Bank Limited 
649Nwabosi Microfinance Bank Limited 
650Nwannegadi Microfinance Bank Limited 
651Oakland Microfinance Bank Limited 
652Oba Microfinance Bank Limited 
653Obafemi Awolowo University Microfinance Bank Limit 
654Obeledu Microfinance Bank Limited 
655Obodoukwu Microfinance Bank Limited 
656Obokun Microfinance Bank Limited 
657Obollo Microfinance Bank Limited 
658Obosi Microfinance Bank Limited 
659Obudu Microfinance Bank Limited 
660Oche Microfinance Bank Limited 
661OCON Success Microfinance Bank Limited 
662Octopus Microfinance Bank Limited 
663Odoakpu Microfinance Bank Limited 
664Odu Microfinance Bank Limited 
665Oduduwa Microfinance Bank Limited 
666Ogbe-Ahiara Microfinance Bank Limited 
667Ogberuru Microfinance Bank Limited 
668Ogbete Microfinance Bank Limited 
669Ogboefere Microfinance Bank Limited 
670Ogbomosho Microfinance Bank Limited 
671Ogidi Microfinance Bank Limited 
672Ogige Microfinance Bank Limited 
673Ogiyan Microfinance Bank Limited 
674Ogoja Microfinance Bank Limited 
675Oha Microfinance Bank Limited 
676Ohafia Microfinance Bank Limited 
677Ohambele Microfinance Bank Limited 
678Ohha Microfinance Bank Limited 
679Ohon Microfinance Bank Limited 
680Oja Tesan Egbeda Microfinance Bank Limited 
681Ojokoro Microfinance Bank Limited 
682Oke-Oba Microfinance Bank Limited 
683Okeagbe Microfinance Bank Limited 
684Okebola NUT Microfinance Bank Limited 
685Okengwe Microfinance Bank Limited 
686Oko Microfinance Bank Limited 
687Okpe Microfinance Bank Limited 
688Okpofe Microfinance Bank Limited 
689Okpoga Microfinance Bank Limited 
690Okporo Microfinance Bank Limited 
691Okuku Microfinance Bank Limited 
692Okuta Microfinance Bank Limited 
693Ola Microfinance Bank Limited 
694Olabisi Onabanjo University Microfinance Bank Limited
695Olive Microfinance Bank Limited 
696Olofin Microfinance Bank Limited 
697Ologbon Microfinance Bank Limited 
698Olowolagba Microfinance Bank Limited 
699Olu-Basiri Microfinance Bank Limited 
700Oluchukwu Microfinance Bank Limited 
701Omak Microfinance Bank Limited 
702Omiye Microfinance Bank Limited 
703Omu Microfinance Bank Limited 
704Omuaran Microfinance Bank Limited 
705Omuma Microfinance Bank Limited 
706Onibu-Ore Microfinance Bank Limited 
707Onima Microfinance Bank Limited 
708Onyx Microfinance Bank Limited 
709Oraezue Microfinance Bank Limited 
710Oraukwu Microfinance Bank Limited 
711Oredegbe Microfinance Bank Limited 
712Orie-Orba Microfinance Bank Limited 
713Orilonise Microfinance Bank Limited 
714Orisuihiteukwa Microfinance Bank Limited 
715Orisun Microfinance Bank Limited 
716Orita Basorun Microfinance Bank Limited 
717Orokam Microfinance Bank Limited 
718Oroke Microfinance Bank Limited 
719Oros Capital Microfinance Bank Limited 
720Orsuihiteukwa Microfinance Bank Limited 
721Osanta Microfinance Bank Limited 
722OSCOTECH Microfinance Bank Limited 
723Osi Microfinance Bank Limited 
724Osina Microfinance Bank Limited 
725Osogbo Microfinance Bank Limited 
726Osomhe Microfinance Bank Limited 
727Ospoly Microfinance Bank Limited 
728Osumenyi Microfinance Bank Limited 
729Otukpo Microfinance Bank Limited 
730Otuo Microfinance Bank Limited 
731Ours Microfinance Bank Limited 
732Ovidi Microfinance Bank Limited 
733Owotutu Microfinance Bank Limited 
734Oyan Microfinance Bank Limited 
735Oyinyechi Microfinance Bank Limited 
736Ozizza Microfinance Bank Limited 
737Pace-Setter Microfinance Bank Limited  
738Palmcoast Microfinance Bank Limited 
739Pana Microfinance Bank Limited 
740Parallex Microfinance Bank Limited 
741Parkway Microfinance Bank Limited 
742Partnership Microfinance Bank Limited 
743Pathfinder Microfinance Bank Limited 
744Patrickgold Microfinance Bank Limited 
745Peace Microfinance Bank Limited 
746Pearl Microfinance Bank Limited 
747Peniel Microfinance Bank Limited 
748Peoples Microfinance Bank Limited 
749Personal Trust Microfinance Bank Limited 
750Petra Microfinance Bank Limited 
751Phoenix Microfinance Bank Limited 
752Pillar Microfinance Bank Limited 
753Plus Plus Microfinance Bank Limited 
754Polybadan Microfinance Bank Limited 
755Polyunwana Microfinance Bank Limited 
756Premium Microfinance Bank Limited 
757Progress Link Microfinance bank limited 
758Prolific Microfinance Bank Limited 
759Prospects Microfinance Bank Limited 
760Prosperity Microfinance Bank Limited 
761Providence Microfinance Bank Limited 
762Prudential Cooperative Microfinance Bank Limited 
763Pyramid Microfinance Bank Limited 
764Rakib Microfinance Bank Limited 
765Randalpha Microfinance Bank Limited 
766Ranmilowo Microfinance Bank Limited 
767Reality Microfinance Bank Limited 
768Rehoboth Microfinance Bank Limited 
769Rencredit Microfinance Bank Limited 
770RenMoney (Rencredit) Microfinance Bank Limited 
771Rephidim Microfinance Bank Limited 
772RIC Microfinance Bank Limited 
773Riggs Microfinance Bank Limited 
774Rima Microfinance Bank limited 
775Ringim Microfinance Bank Limited 
776Riverside Microfinance Bank Limited 
777RNG Ringim Universal Microfinance Bank Limited 
778Rockshield Microfinance Bank Limited 
779Royal Blue Microfinance Bank Limited 
780Royal Crown Microfinance Bank Limited 
781Royal Exchange Microfinance Bank Limited 
782Royal Life Key Microfinance Bank Limited 
783Royal Life Microfinance Bank Limited 
784Royal Microfinance Bank Limited 
785Sabon Yelwa Microfinance Bank Limited 
786Sadau Microfinance Bank Limited 
787Safe Haven Microfinance Bank Limited 
788Safegate Microfinance Bank Limited 
789Safeline Microfinance Bank Limited  
790Sagamu Microfinance Bank Limited 
791Sal-Fol Microfinance Bank Limited 
792Sanga Microfinance Bank Limited 
793Santrust Microfinance Bank Limited 
794Sapida Microfinance Bank Limited 
795Sapphire Microfinance Bank Limited 
796Savings Corp Microfinance Bank Limited 
797Savingscorp Microfinance Bank Limited 
798Saviour Microfinance Bank Limited 
799SBDC Microfinance Bank LImited 
800SEAP Microfinance Bank Limited 
801Seed Capital Microfinance Bank Limited 
802Seed Fund Microfinance Bank Limited 
803Seedvest Microfinance Bank Limited 
804Senchi Microfinance Bank Limited 
805Sepeteri Microfinance Bank Limited 
806Shanono Microfinance Bank Limited 
807Shelter Microfinance Bank Limited 
808Shepherd Trust Microfinance Bank Limited 
810Shield Microfinance Bank Limited 
811Shinkafi Microfinance Bank Limited 
812Shongom Microfinance Bank Limited 
813Shoreline Microfinance Bank Limited 
814Sincere Microfinance Bank Limited 
815Sky-Line Microfinance Bank Limited 
816SLS Microfinance Bank Limited 
817Snow Microfinance Bank Limited 
818Solid Allianz Microfinance Bank Limited 
819Solid Allianze Microfinance Bank Limited 
820Solid Base Microfinance Bank Limited 
821Solid Rock Microfinance Bank Limited 
822Sovereign Microfinance Bank Limited 
823SPEC Microfinance Bank Limited 
824Splendid Microfinance Bank Limited 
825Stako Microfinance Bank Limited 
826Stallion Microfinance Bank Limited 
827Standard Microfinance Bank Limited 
828Star Microfinance Bank Limited 
829Stateside Microfinance Bank Limited 
830Stockcorp Microfinance Bank Limited 
831Suisse Microfinance Bank Limited 
832Sunbeam Microfinance Bank Limited 
833Sunrise Microfinance Bank Limited 
834Support Microfinance Bank Limited 
835Supreme Microfinance Bank Limited 
836Surelife Microfinance Bank Limited 
837Susu Microfinance Bank Limited 
838Swift Microfinance Bank Limited 
839Takai Microfinance Bank Limited 
840Tanadi Microfinance Bank Limited 
841Tangale Microfinance Bank Limited 
842Taraba Microfinance Bank Limited 
843Tasued Microfinance Bank Limited 
844Tattali Microfinance Bank Limited 
845Taura Microfinance Bank Limited 
846Time Microfinance Bank Limited 
847Titare Microfinance Bank Limited 
848Tofa Microfinance Bank Limited 
849Toki Rainbow Microfinance Bank Limited 
850Top Trust Microfinance Bank Limited 
851Topclass Microfinance Bank Limited 
852Total Trust Microfinance Bank Limited 
853Touchgold Microfinance Bank Limited 
854Townserve Microfinance Bank Limited 
855Transizzi Microfinance Bank Limited 
856Transwealth Microfinance Bank Limited 
857Treasures Microfinance Bank Limited 
858Triple A Microfinance Bank Limited 
859Truebond Microfinance Bank Limited 
860Trust Microfinance Bank Limited 
861Trustfund Microfinance Bank Limited 
862Trusthouse Microfinance Bank Limited 
863Tsanyawa Microfinance Bank Limited 
864TSM Microfinance Bank Limited 
865U & C Microfinance Bank Limited 
866Ubulu Microfinance Bank Limited 
867UCB Microfinance Bank Limited 
868Uda Microfinance Bank Limited 
869Udezulu Microfinance Bank Limited 
870Udoka Microfinance Bank Limited 
871Uga Microfinance Bank Limited  
872Ugboju Microfinance Bank Limited 
873Ugborimili Microfinance Bank Limited 
874Ukpor Microfinance Bank Limited 
875Ulayin Microfinance Bank Limited 
876Uli Microfinance Bank Limited 
877Ultimate Benefit Microfinance Bank Limited 
878Ultimate Microfinance Bank Limited 
879Umejei Microfinance Bank Limited 
880Ummah Microfinance Bank Limited
881Umuawulu Microfinance Bank Limited 
882Umuchinemere Microfinance Bank Limited 
883Umuchukwu Microfinance Bank Limited 
884Umunnachi Microfinance Bank Limited 
885Umunne Microfinance Bank Limited 
886Umuoji Microfinance Bank Limited 
887UNAAB Microfinance Bank Limited 
888Unibadan MIcrofinance Bank Limited 
889UNICAL Microfinance Bank Limited 
890Unicredit Microfinance Bank LImited 
891UNIFA Microfinance Bank Limited 
892Unifund Microfinance Bank Limited 
893Unilorin Microfinance Bank Limited 
894UNIMAID Microfinance Bank Limited 
895United Microfinance Bank Limited 
896UNIUYO Microfinance Bank Limited 
897UNN Microfinance Bank Limited 
898Unubi Microfinance Bank Limited 
899Unyogba Microfinance Bank Limited 
900Urban Microfinance Bank Limited 
901Ure Microfinance Bank Limited 
902Uromi Microfinance Bank Limited 
903Utako Microfinance Bank Limited 
904Utuh Microfinance Bank Limited 
905Uvuoma Microfinance Bank Limited 
906Uvuru Microfinance Bank Limited 
907Uvwie Microfinance Bank Limited 
908Uzondu Microfinance Bank Limited 
909Uzuakoli Microfinance Bank Limited 
910Vantage Microfinance Bank Limited 
911VCL Microfinance Bank Limited 
912Verdant Microfinance Bank Limited 
913Victory Microfinance Bank Limited 
914Vineland Microfinance Bank Limited 
915Visa Microfinance Bank Limited 
916Viva Microfinance Bank Limited 
917Waila Microfinance Bank Limited 
918Wapo Microfinance Bank Limited 
919Warji Microfinance Bank Limited 
920Wase Microfinance Bank Limited 
921Wealthbasket Microfinance Bank Limited 
922Wealthstream Microfinance Bank Limited 
923Wesley (fmr. City Mission Methodist) Microfinance Bank Limited 
924West-End Microfinance Bank Limited 
925Wetland Microfinance Bank Limited 
926Woliwo Microfinance Bank Limited 
927Women Development Initiative MFB Limited 
928Wudil Microfinance Bank Limited 
929Yabo Microfinance Bank Limited 
930Yauri Emirates Microfinance Bank Limited 
931Yeneng Microfinance Bank Limited 
932Yerwa Microfinance Bank Limited 
933Yobe Microfinance Bank Limited 
934Zazzau Microfinance Bank Limited 
935Zigate Microfinance Bank Limited 
936Zion Microfinance Bank Limited 
937Zuma Microfinance Bank Limited 
938Zumwa Microfinance Bank Limited 
939Zurmi Microfinance Bank Limited 
940Zuru Microfinance Bank Limited 

Conclusion

There are 940 Microfinance Bank in Nigeria.

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