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Microfinance Monthly Returns Guide

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Welcome to the Central Bank of Nigeria’s (CBN) portal for information about Microfinance Banks (MFBs) monthly returns.

It is a regulatory requirement for MFBs to submit monthly returns to the CBN as stipulated in Section 5.3 of Revised Regulatory and Supervisory Guidelines for MFBs in Nigeria and by Section 58(2)b of BOFIA, 1991 (as amended).

This portal provides guidance to Microfinance Banks on creating and submitting accurate and timely monthly returns in compliance with CBN’s requirements.

Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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