Listen "Why Nigeria’s Microfinance Banks Keep Struggling"
Episode Synopsis
In this episode, Musa explores why many microfinance banks collapse despite being designed to serve low-income communities. Based on a CBN-backed study, the issues include poor governance, insider loan abuse, weak internal controls, and lack of skilled staff.The episode also highlights key solutions like stronger boards, better regulation, and increased capital. If you’ve ever wondered why small businesses struggle to get loans or why community banks disappear, this episode has insights.Sources:https://www.cbn.gov.ng/Out/2025/CCD/BULLION%201ST%20QUARTER%202025-1.pdfHosts:Musa's X (twitter) account: themusaobeddrounz's X(twitter) account: @drounzdrounz's LinkedIn aacount: https://www.linkedin.com/in/davidegorpExtra links:Subscribe to Whatspodcasting podcast recommendationOur podcast:The Musa Obed podcastThe Evening Dew The notjustdesign Podcast Contact : whatspodcasting on x or email: [email protected]
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