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Traders Prime Microfinance Bank

From Wikipedia, the free encyclopedia

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

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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

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  1. ↑ "How Traders Prime MFB is set to solve cash flow hurdles for digital sellers". BusinessDay. Lagos, 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. 1 2 "Traders Prime MFB launches to transform microfinance in Nigeria". The Guardian. Lagos, 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. Lagos, Nigeria. April 7, 2025. Retrieved February 2, 2026.