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Microfinance Monthly Returns Guide

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Welcome to the Central Bank of Nigeria’s (CBN) portal for information about Microfinance Banks (MFBs) monthly returns.

It is a regulatory requirement for MFBs to submit monthly returns to the CBN as stipulated in Section 5.3 of Revised Regulatory and Supervisory Guidelines for MFBs in Nigeria and by Section 58(2)b of BOFIA, 1991 (as amended).

This portal provides guidance to Microfinance Banks on creating and submitting accurate and timely monthly returns in compliance with CBN’s requirements.

Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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