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Moniepoint MFB Wins SME Microfinance Bank of the Year Award

1 report, 1 independent Updated Oct 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Moniepoint Microfinance Bank (MFB) was named SME Microfinance Bank of the Year for the third consecutive year at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Co-founder and Group CEO Tosin Eniolorunda also won SME Finance Transformation Leader of the Year at the ceremony. In 2025, MFB disbursed over N1 trillion in credit to small businesses, with transaction value growing by more than 36 percent on average.

From thisdaylive.com

Why it matters

Some supportBrind's analysis of the reports

The award reinforces MFB’s commitment to the small business segment, which is described as the backbone of the Nigerian economy. The bank utilizes alternative data, such as transaction histories and payment behavior, to assess creditworthiness for these small businesses.

From thisdaylive.com

Who's involved

  • Tosin EniolorundaCo-founder and Group CEO of MFB
  • MFBMicrofinance bank that won the SME Microfinance Bank of the Year award

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • NigeriaSpeculative

    The Nigerian SME sector might see its growth reinforced by MFB's massive credit disbursement.

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The entities involved

Coverage

Newest first; wire copies grouped