The harmonization of the defunct associations in the microfinance (MFB) sector has been described as a step in the right direction toward the development of the sector.
Speaking recently to journalists, a member of the five-man caretaker committee set up by the CBN to oversee the affairs of MFBs in the interim, Mrs. Bunmi Lawson, said the merging of the two associations in the MFB sector would propel the sector to succeed and build more public confidence in MFBs.
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