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MICRO -FINANCE BANKS (MFB’s) AND THE NIGERIAN ECONOMY

Introduction Microfinance is on the political agenda of most developing countries, with several success stories. In Nigeria, the concept of micro-finance is not an entirely new phenomenon, as evidenced by cultural and economic activities such as the “Esusu”, “Adashi”, and “Otataje”, which were practiced to provide funds for local producers in rural and urban communities… Continue reading MICRO -FINANCE BANKS (MFB’s) AND THE NIGERIAN ECONOMY

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A Guideline to the Registration Of Incorporated Trustee In Nigeria

Incorporated Trustee is simply a corporation held in trust of another. It is commonly used for the formation of non-profit organizations. The registration of incorporated trustees in Nigeria, is governed by Part C of the Companies and Allied Matters Act (CAMA). According to Section 590 (1) of CAMA, the registration is described as follows: where… Continue reading A Guideline to the Registration Of Incorporated Trustee In Nigeria