Nigeria: Katsina to Establish Micro Finance Bank

22 July 2009

Katsina — A state-wide Micro Finance Bank (MFB) with capital base of N1 billion is to begin operation in Katsina State through collaboration between state government and private individuals.

The state's Special Adviser on Economic Affairs, Adamu Zango, who disclosed this said the MFB is in line with the state's economic activities through boosting small and medium scale enterprise; with the ultimate goal to eradicate poverty.

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