Traders Prime Microfinance Bank

Traders Prime Microfinance Bank (TPMFB) is a microfinance bank operating in Nigeria. It provides financial services primarily to small and medium-sized enterprises (SMEs), informal traders, digital sellers, and merchants in Nigeria.[1][2]

History

Traders Prime Microfinance Bank was licensed in 2025 as a microfinance institution, with preparations for launch reported in early 2025 and operations beginning in 2026.[3][4] It is licensed by the Central Bank of Nigeria (CBN).[3][5]

References

  1. ^ "How Traders Prime MFB is set to solve cash flow hurdles for digital sellers". Business Day (Nigeria). January 17, 2026. Retrieved February 2, 2026.
  2. ^ "More Than Banking: How Traders Prime MFB Is Powering Dreams". Independent. Lagos, Nigeria. May 7, 2025. Retrieved February 2, 2026.
  3. ^ a b "Traders Prime MFB launches to transform microfinance in Nigeria". The Guardian (Nigeria). May 9, 2025. Retrieved February 2, 2026.
  4. ^ "New Bank, New Vision: How Traders Prime MFB Plans to Serve Nigeria's New Economy". This Day. January 15, 2026. Retrieved February 2, 2026.
  5. ^ "Banking Made Simple: Traders Prime set to launch, poised to redefine microfinance in Nigeria". Vanguard (Nigeria). April 7, 2025. Retrieved February 2, 2026.
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