Company lists · Data refreshed September 2026

Top 25 Microfinance development banks based in Nigeria

Name: Microfinance development banks based in Nigeria
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 17, 2026 261 companies tracked

RevenueBase identified 261 microfinance development banks headquartered in Nigeria as of September 2026 and tracks 11,154 professional contacts across them, including 1,595 with verified work emails. Lagos is the largest hub.

This list covers microfinance development banks headquartered in Nigeria, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 17, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 17, 2026 86% judged on-target in blind review

261Companies

11,154Contacts tracked

1,595Verified emails

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The 25 largest microfinance development banks based in Nigeria

Ranked by team size

Top 25 of 261 microfinance development banks based in Nigeria, ranked by team size, largest first. Data refreshed Sep 17, 2026. RevenueBase Smart Search rates how each company's information relates to microfinance development banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	AB Microfinance Bank Nigeria Limited	Partial evidence	Ikeja, NigeriaHQ checked Sep 17, 2026	501-1,000	985 contacts →
	Partial evidence “AB Microfinance Bank Nigeria is a leading financial institution with a mission to provide a wide range of financial services to the small and medium scale enterprises as well as…” Source: RevenueBase Database · checked Sep 17, 2026
2	Grooming People For Better Livelihood Centre	Indirect evidence	Lagos, NigeriaHQ checked Sep 17, 2026	1,001-5,000	958 contacts →
	Indirect evidence “Our mission is to empower the economically active poor by taking a range of tailor made micro financial services to their door step using globally tested best practice…” Source: RevenueBase Database · checked Sep 17, 2026
3	Accion Microfinance Bank Limited	Partial evidence	Onipanu, NigeriaHQ checked Sep 17, 2026	501-1,000	792 contacts →
	Partial evidence “Established in 2007, Accion Microfinance Bank has a mission, “to economically empower micro-entrepreneurs and low-income earners by providing financial services in a sustainable…” Source: RevenueBase Database · checked Sep 17, 2026
4	Bank Of Agriculture Limited	Partial evidence	Kaduna, NigeriaHQ checked Sep 17, 2026	1,001-5,000	430 contacts →
	Partial evidence “Bank of Agriculture Limited (BoA), is Nigeria's apex agriculture and rural development finance institution.” Source: RevenueBase Database · checked Sep 17, 2026
5	Addosser Microfinance Bank	Strong evidence	Lagos, NigeriaHQ checked Sep 17, 2026	201-500	366 contacts →
	Strong evidence “Founded in 2008, Addosser Microfinance Bank Limited is one of the leading Microfinance banks in Nigeria.” Source: RevenueBase Database · checked Sep 17, 2026
6	Nirsal Microfinance Bank	Indirect evidence	Federal Capital Territory, NigeriaHQ checked Sep 17, 2026	501-1,000	321 contacts →
	Indirect evidence “Your true SME Partner helping you #GrowYourBusiness with loans” Source: RevenueBase Database · checked Sep 17, 2026
7	Fast Credit Limited	Indirect evidence	Ikeja, NigeriaHQ checked Sep 17, 2026	51-200	191 contacts →
	Indirect evidence “Fast Credit Limited (FCL) was established in line with Central Bank of Nigeria regulations to carry out the business of financing personal, business and emergency loans.” Source: RevenueBase Database · checked Sep 17, 2026
8	sycamore.ng	Indirect evidence	Ikeja G.r.a., NigeriaHQ checked Sep 17, 2026	51-200	163 contacts →
	Indirect evidence “Our financial services help professionals and entrepreneurs who want rapid same-day solutions to their financial needs at very competitive rates.” Source: RevenueBase Database · checked Sep 17, 2026
9	Koins MFB	Partial evidence	Lagos, NigeriaHQ checked Sep 17, 2026	201-500	134 contacts →
	Partial evidence “Koins Microfinance Bank Limited is a fully licensed technology and impact-driven microfinance bank that focuses on driving financial inclusion.” Source: RevenueBase Database · checked Sep 17, 2026
10	Bosak Microfinance Bank LTD	Partial evidence	Ikeja, NigeriaHQ checked Sep 17, 2026	201-500	114 contacts →
	Partial evidence “Bosak Microfinance Bank provides direct-lending solutions for small traders and entrepreneurs to enable them boost their income generating capacity.” Source: RevenueBase Database · checked Sep 17, 2026
11	Finatrust Microfinance Bank	Partial evidence	Ikeja, NigeriaHQ checked Sep 17, 2026	201-500	99 contacts →
	Partial evidence “Welcome to Fina Trust Microfinance Bank Banking that reflects the way you live your life.” Source: RevenueBase Database · checked Sep 17, 2026
12	Hasal Microfinance Bank LTD	Partial evidence	Abuja, NigeriaHQ checked Sep 17, 2026	201-500	91 contacts →
	Partial evidence “A full service microfinance bank offering savings, loans and e-banking services to micro small and medium enterprises and low to medium income people” Source: RevenueBase Database · checked Sep 17, 2026
13	Development Bank Of Nigeria PLC	Partial evidence	Maitama, NigeriaHQ checked Sep 17, 2026	51-200	86 contacts →
	Partial evidence “The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing…” Source: RevenueBase Database · checked Sep 17, 2026
14	Alert Group	Partial evidence	Lagos Island, NigeriaHQ checked Sep 17, 2026	11-50	60 contacts →
	Partial evidence “Alert group consists of Four subsidiaries Alert Microfinance Bank (MFB): profitable deposit-taking MFB operating in Lagos.” Source: RevenueBase Database · checked Sep 17, 2026
15	Moneyfield Microfinance Bank	Partial evidence	Lagos, NigeriaHQ checked Sep 17, 2026	51-200	55 contacts →
	Partial evidence “Moneyfield Microfinance Bank Limited (formerly CIT Microfinance Bank), was licensed by the Central Bank of Nigeria to operate in 2010 and opened for business operations in…” Source: RevenueBase Database · checked Sep 17, 2026
16	Assets Microfinance Bank	Partial evidence	Lekki, NigeriaHQ checked Sep 17, 2026	51-200	53 contacts →
	Partial evidence “Assets Microfinance Bank is a fully licensed deposit mobilization bank on a mission to better understand people who, up until now, have been ignored or exploited by mainstream…” Source: RevenueBase Database · checked Sep 17, 2026
17	Chanelle Microfinance Bank LTD	Partial evidence	Ikeja., NigeriaHQ checked Sep 17, 2026	51-200	40 contacts →
	Partial evidence “Chanelle Microfinance Bank Limited is a State licensed microfinance bank.” Source: RevenueBase Database · checked Sep 17, 2026
18	Microbiz Inclusion Center	Indirect evidence	Jabi, NigeriaHQ checked Sep 17, 2026	51-200	30 contacts →
	Indirect evidence “We are a growth-centric financial inclusion center providing value-based business advisory services & quick loans for lifestyle improvements to people in the sub-urban areas.” Source: RevenueBase Database · checked Sep 17, 2026
19	Nolt Finance	Indirect evidence	Lagos, NigeriaHQ checked Sep 17, 2026	11-50	29 contacts →
	Indirect evidence “NOLT Finance \| We help underserved individuals & businesses by providing loans & investments that create wealth and growth.” Source: RevenueBase Database · checked Sep 17, 2026
20	Ajocard	Indirect evidence	Lagos, NigeriaHQ checked Sep 17, 2026	11-50	29 contacts →
	Indirect evidence “AjoCard was created to "deliver financial services to the excluded".” Source: RevenueBase Database · checked Sep 17, 2026
21	The Infrastructure Bank PLC	Partial evidence	Abuja, NigeriaHQ checked Sep 17, 2026	51-200	27 contacts →
	Partial evidence “The Infrastructure Bank PLC (formerly known as Urban Development Bank of Nigeria Plc) was established in 1992 under Decree 51, as Urban Development Bank Ltd.” Source: RevenueBase Database · checked Sep 17, 2026
22	Bowen Microfinance Bank	Indirect evidence	Lagos, NigeriaHQ checked Sep 17, 2026	11-50	27 contacts →
	Indirect evidence “Touching lives through financial empowerment’ Vision: To be the leading provider of financial services that will help to alleviate poverty in Nigeria”.” Source: RevenueBase Database · checked Sep 17, 2026
23	E-Barcs Microfinance Bank	Partial evidence	Wuse Zone 2, NigeriaHQ checked Sep 17, 2026	51-200	25 contacts →
	Partial evidence “e-Barcs Microfinance Bank Limited (initially known as e-Barclays Microfinance Bank Ltd) commenced microfinance banking business in August, 2008 with a unit license.” Source: RevenueBase Database · checked Sep 17, 2026
24	Crystal Finance Company Limited	Indirect evidence	Alagomeji, NigeriaHQ checked Sep 17, 2026	11-50	24 contacts →
	Indirect evidence “Crystal Finance operates as a specialized financial institution dedicated to providing financial services to Individuals, Small and Medium Enterprises (SMEs) and Emerging…” Source: RevenueBase Database · checked Sep 17, 2026
25	Richway Microfinanace Bank Limited	Partial evidence	Lagos, NigeriaHQ checked Sep 17, 2026	11-50	24 contacts →
	Partial evidence “Richway Microfinance Bank is a licensed microfinance institution licensed by the Central Bank of Nigeria as a state MFB to provide a wide range of financial services to the low…” Source: RevenueBase Database · checked Sep 17, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: microfinance development banks. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names microfinance development banks.
Partial evidence: Its own public description names part of microfinance development banks, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name microfinance development banks. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 261 microfinance development banks based in Nigeria

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Microfinance development banks based in Nigeria at a glance

As of Sep 17, 2026

14.3%Verified-email coverage

42.7Average contacts per company

11-50Median size (employees)

31.0%Largest-city concentration · Lagos

Sep 17, 2026Page data refreshed

Companies by employee count

1-10

11-50

116

51-200

201-500

501-1,000

1,001-5,000

Email recency for this list is measured worldwide rather than for Nigeria, so it is reported there. Company counts and contact totals on this page are exact for Nigeria, over 261 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among microfinance development banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in Nigeria whose own description of what they do matches “microfinance development banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names microfinance development banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among microfinance development banks, and records with no verified work email. Companies headquartered outside Nigeria are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 1,595 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 17, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Microfinance development banks by metro

Microfinance development banks in Lagos81

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names microfinance development banks, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many microfinance development banks are there based in Nigeria?

RevenueBase identified 261 microfinance development banks headquartered in Nigeria as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

AB Microfinance Bank Nigeria Limited, headquartered in Ikeja, tops this list with the largest team on record.

Which city has the most microfinance development banks?

Lagos leads with 81 headquartered companies, followed by Lagos State (24) and Abuja (16).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 1,595 verified decision-maker contacts tracked across these 261 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 17, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.