LICENSED MICROFINANCE BANKS (MFBs) IN NIGERIA AS AT SEPTEMBER 30, 2019 CURRENT S/NO NAME OF MFB ADDRESS STATE STATUS CAPITAL REQUIREMENT GEO Local Gov Area 1 AACB MFB NNEWI / AGULU ROAD, ADAZI ANI , ANAMBRA STATE SE Anaocha ANAMBRA STATE 1 Billion 2 AB MFB 9, OBA AKRAN ROAD, IKEJA, LAGOS SW Ikeja LAGOS NATIONAL 5 Billion 3 ABC MFB MISSION ROAD, OKADA, ORIN NORTH-EAST LGA, EDO STATE SS Ovia North-East EDO TIER 2 UNIT 50 Million 4 ABESTONE MFB COMMERCE HOUSE, BESIDE GOVERNMENT HOUSE, IGBEIN HILLS, ABEOKUTA, LAGOS STATE SW ABEOKUTA OGUN TIER 1 UNIT 200 Million 5 ABIA STATE UNIVERSITY MFB UTURU, ISUIKWUATO LGA, ABIA STATE SE Isuikwuato ABIA STATE 1 Billion 6 ABIGI MFB 28, MOBORODE ODOFIN ST., ABIGI IJEBU WATERSIDE, OGUN STATE SW Ogun Waterside OGUN TIER 2 UNIT 50 Million 7 ABOVE ONLY MFB BENSON IDAHOSA UNIVERSITY CAMPUS, UGBOR,BENIN CITY, BENIN, EDO STATE SS Oredo EDO TIER 1 UNIT 200 Million NE Bauchi 8 ABUBAKAR TAFAWA BALEWA UNIVERSITY (ATBU) MFB ABUBAKAR TAFAWA BALEWA UNIVERSITY, YELWA CAMPUS, BAUCHI, BAUCHI STATE BAUCHI TIER 1 UNIT 200 Million PLOT 251, MILLENIUM BUILDERS PLAZA, HERBERT MACAULAY WAY, CENTRAL BUSINESS DISTRICT, NC Municipal Area Council 9 ABUCOOP MFB GARKI, ABUJA FCT STATE 1 Billion 10 ABULESORO MFB LTD E7, ADISA STREET, ISAN EKITI EKITI TIER 2 UNIT 50 Million 11 ACCION MFB ELIZADE PLAZA, 4TH FLOOR, 322A IKORODU ROAD, ANTHONY, IKEJA, LAGOS SW Eti-Osa LAGOS NATIONAL 5 Billion 12 ACE MFB 3 DANIEL ALIYU STREET, KWALI, F.C.T., ABUJA NC Kwali FCT TIER 2 UNIT 50 Million 13 ACHINA MFB OYE MARKET SQUARE ACHINA AGUATA L.G.A ANAMBRA. SE Aguata ANAMBRA TIER 2 UNIT 50 Million 14 ACTIVE-POINT MFB 150, ORON ROAD UYO AKWA IBOM SS Uyo AKWA IBOM TIER 1 UNIT 200 Million 15 ADA MFB AGWADA TOWN, KOKONA LOCAL GOVT AREA, NASARAWA STATE NC Kokona NASARAWA TIER 2 UNIT 50 Million 16 ADAZI NNUKWU MFB NEAR EKE MARKET, ADAZI NNUKWU, ANAMBRA STATE SE Anaocha ANAMBRA TIER 2 UNIT 50 Million 17 ADAZI-ENU MFB NKWOR MARKET SQUARE, ADAZI-ENU, ANAOCHA LGA, ANAMBRA STATE SE Anaocha ANAMBRA TIER 2 UNIT 50 Million 18 ADDOSSER MFB 32, LEWIS STREET, LAGOS ISLAND, LAGOS SW Lagos Island LAGOS STATE 1 Billion 19 ADEYEMI COLLEGE STAFF MFB MFB BUILDING, ADEYEMI COLLEGE OF EDUCATION, ONDO TOWN, ONDO STATE SW ONDO TIER 2 UNIT 50 Million 20 AFEKHAFE MFB 69, EKUMAH-ODO ROAD, IBILLO, AKOKO-EDO LGA, EDO STATE SS AKOKO-EDO EDO TIER 2 UNIT 50 Million 21 AFEMAI MFB 61B, BODE ROAD, JATTAU-UZAIRUE, ETSAKO WEST LGA, EDO STATE SS Etsako West EDO STATE 1 Billion 22 AGOSASA MFB 5, ILUPEJU ESTATE, IPOKIA ROAD, AGOSASA, YEWA SOUTH LGA, OGUN STATE SW Yewa South OGUN TIER 2 UNIT 50 Million 23 AGUDA TITUN MFB 21, SHONOLA STRET, AGUDA OGBA, IKEJA LOCAL GOVERNMENT AREA, LAGOS STATE. SW Ikeja LAGOS TIER 1 UNIT 200 Million 24 AGULERI MFB 16, IRENSO STREET, AMAEZE, AGULERI, ANAMBRA STATE SE Anambra-East ANAMBRA TIER 2 UNIT 50 Million 25 AHETOU AKABUKA ONELGA, RIVERS STATE SS One RIVERS TIER 2 UNIT 50 Million NW Zaria 26 AHMADU BELLO UNIVERSITY MFB MAIN CAMPUS, OPP. POST GRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA, KADUNA STATE KADUNA STATE 1 Billion SW IWAJOWA 27 AIBIO NO.1 YANTE MARKET SQUARE, IGANNA IWAJOWA LOCAL GOVERNMENT COUNCIL AREA, OYO STATE OYO TIER 2 UNIT 50 Million 28 AIYEPE MMFB 1, IKENNE ROAD, ODOGBOLU LGA, OGUN STATE SW Odogbolu OGUN TIER 2 UNIT 50 Million 29 AJEWOLE MFB ILORIN ROAD, SABO, OGBOMOSHO, OYO STATE. SW Ogbomosho South OYO TIER 2 UNIT 50 Million 30 AJIKOBI MFB 13, AJIKOBI STREET, ILORIN, KWARA STATE NC Ilorin West KWARA TIER 1 UNIT 200 Million 31 AJINGI MFB AJINGI TOWN, AJINGI LOCAL GOVT. KANO NW Ajingi KANO TIER 2 UNIT 50 Million 32 AJOSE MFB EJINRIN ROAD, IJEBU SOUTH, OGUN STATE. P.O.BOX 806, IJEBU ODE, OGUN STATE SW Ijebu East OGUN TIER 2 UNIT 50 Million 33 AJUTA MFB MARKET ROAD, LOSO QUARTERS, OGBAGI AKOKO, ONDO STATE SW Akoko South West ONDO TIER 2 UNIT 50 Million 34 AKALABO MFB COOPERATIVE HOUSE, AFOR MARKET SQ, AMESI, AGUATA LGA, ANAMBRA STATE SE Aguata ANAMBRA TIER 2 UNIT 50 Million 35 AKCOFED MFB IKOT EKPENE ROAD, EKIM ITAM BESIDE BOARD, ITU, AKWA IBOM SS Uyo AKWA IBOM TIER 2 UNIT 50 Million 36 AKOKWA MFB ORIE-AKOKWA MARKET SQUARE, IDEATO NORTH LGA, IMO STATE SE Ideato-North IMO TIER 2 UNIT 50 Million 37 AKPO MFB AKPO JUNCTION, AKPO AGUATA LGA, ANAMBRA STATE SE Aguata ANAMBRA TIER 2 UNIT 50 Million 38 AKU DIEWA MFB ENU ORIE UWELE, AKU, ENUGU STATE SE Igbo-Etiti ENUGU TIER 2 UNIT 50 Million ARCHBISHOP PATTERSON COMPLEX, ALL SAINTS CATHEDRAL, OZALLA ROAD, ONITSHA, ANAMBRA SE Onitsha-North 39 AKUCHUKWU MFB STATE ANAMBRA TIER 2 UNIT 50 Million 40 AKWENGU MFB IDANUHA QUARTERS, OKENNE, KOGI STATE NC Lokoja KOGI TIER 2 UNIT 50 Million 41 AL-BARAKAH MFB 67, LADIPO STREET, OPP. LADIPO POLICE POST, MUSHIN, LAGOS SW Lagos Mainland LAGOS TIER 1 UNIT 200 Million 42 ALBASU MFB ALBASU LOCAL GOVT AREA, KANO STATE NW Albasu KANO TIER 2 UNIT 50 Million 43 ALEKUN MFB 6, OLADIPO DIYA RD, ODOGBOLU, OGUN STATE. SW Odogbolu OGUN TIER 2 UNIT 50 Million 44 ALERT MFB(BOIG MFB) 33, IDUMAGBO AVENUE, LAGOS-ISLAND, LAGOS SW LAGOS ISLAND LAGOS TIER 1 UNIT 200 Million 45 ALGREB MFB 35 IYORCHIA AYU ROAD, WURUKUM, MAKURDI, BENUE STATE NC Makurdi BENUE TIER 1 UNIT 200 Million 46 AL-HAYAT MFB 22, IBADAN ROAD, IJEBU-ODE, OGUN STATE SW Ijebu-Ode OGUN TIER 2 UNIT 50 Million 47 ALIERO MFB ATTAHIRU ROAD, ALIERO LGA, KEBBI STATE NW Aleiro KEBBI TIER 2 UNIT 50 Million 48 ALKALERI MFB C/O ALKALERI LOCAL GOVT. ALKALERI, BAUCHI STATE NE Alkaleri BAUCHI TIER 2 UNIT 50 Million 49 ALLWORKERS MFB] 30, MBARI STREET, IKENEGBU LAYOUT, OWERRI, IMO STATE SE Owerri North IMO STATE 1 Billion 50 ALLY MFB 9, DUNUKOFIA STREET, AREA II, ABUJA NC Municipal Area Council FCT TIER 1 UNIT 200 Million 51 ALOR MFB NKWO ALOR MARKET, IDELIMI SOUTH LGA, ANAMBRA STATE SE Idemili-South ANAMBRA TIER 2 UNIT 50 Million NC Municipal Area Council 52 ALPHA KAPITAL MFB SUITE 24, SHALOM PLAZA, PLOT 888, JOSEPH GOMWALK STREET, GUDU DISTRICT, APO, ABUJA FCT TIER 1 UNIT 200 Million 53 ALVANA MFB ALVAN IKOKU COLLEGE OF EDUCATION, ORLU ROAD, OWERRI, IMO STATE SE Owerri Municipal IMO TIER 1 UNIT 200 Million 54 AMAC MFB NEW BLOCK, AMAC SECRETARIAT, AREA 10, ABUJA, FCT. NC AREA 10 FCT STATE 1 Billion 55 AMAZU MFB ORLU MGBIDI ROAD, AMAZU EBENATOR ORSU, IMO STATE SE Orsu IMO TIER 2 UNIT 50 Million 56 AMBA MFB 1, MAKURDI ROAD, LAFIA LGA, NASARAWA STATE NC Lafia NASARAWA TIER 1 UNIT 200 Million 57 AMEGY MFB 1, PAUL ODULAJA CRESCENT, IFAKO, GBAGADA, LAGOS SW Shomolu LAGOS TIER 1 UNIT 200 Million 58 AMJU UNIQUE 71, AIRPORT ROAD, EFFURUN, WARRI, DELTA STATE SS Bomadi DELTA STATE 1 Billion 59 AMML MFB (ABUJA MARKETS MANAGEMENT LTD.) PLOT 1363, LADOKE AKINTOLA BOULEVARD, GARKI MODEL MARKET, GARKI, ABUJA NC Municipal Area Council FCT TIER 1 UNIT 200 Million 60 AMOYE MFB COMMUNITY BANK PREMISES, OKE-AODU, IKERE EKITI, EKITI STATE SW Ekiti South West EKITI TIER 2 UNIT 50 Million 61 AMUCHA MFB BANK HOUSE, AMUCHA, VIA ORLU NJABA, IMO STATE SE Njaba IMO TIER 2 UNIT 50 Million 62 ANCHORAGE HIGHBURY PLAZA, 104 GADO NASKO RD. KUBWA, ABUJA NC Municipal Area Council FCT TIER 1 UNIT 200 Million 63 ANIOCHA MFB UMEADI HOUSE, OGBEOFU QTR.,ISSELE-UKU, ANIOCHA NORTH LGA, DELTA STAE SS Aniocha-North DELTA TIER 2 UNIT 50 Million 64 ANNOINTED MFB 2, EFFURUN SAPELE ROAD, EFFURUN, DELTA STATE SS Warri-North DELTA TIER 2 UNIT 50 Million SE Ogbaru 65 ANYA MFB LINE C4/1-6 RELIEF MARKET, OBODOUKWU ROAD (ONITSHA), OGBARU LGA, ANAMBRA STATE ANAMBRA TIER 2 UNIT 50 Million 66 AOGO MFB OBA ADESANOYE HOUSE, 39/41, CANON ADEYEMI ROAD, SABO, ONDO STATE SW Idanre ONDO TIER 2 UNIT 50 Million 67 APA MFB MAKURDI RD. ADOKA, OTUKPO, BENUE STATE. NC Oturkpo BENUE TIER 2 UNIT 50 Million 68 APEKS MFB GHALIB HOUSE 24, WAHAB FOLAWIYO (UNITY) ROAD ILORIN NC Ilorin West KWARA TIER 1 UNIT 200 Million 69 APEX TRUST MFB FMBN BUILDING, 1, ADEKUNLE FAJUYI ROAD, DUGBE, IBADAN, OYO STATE SW Ibadan Central OYO TIER 1 UNIT 200 Million 70 APPLE MFB 26 AGBON STREET, ORU-IJEBU, OGUN STATE SW Ijebu North OGUN TIER 2 UNIT 50 Million 71 ARAMOKO MFB CIVIC CENTRE, ARAMOKO EKITI, EKITI STATE SW Ekiti-West EKITI TIER 2 UNIT 50 Million 72 ARIS MFB 29, ZIK AVENUE, UWANI, ENUGU, ENUGU STATE SE Enugu ENUGU TIER 1 UNIT 200 Million 73 ARISE MFB 13, ADEBARE STREET, OGUDU ROUNDABOUT, OGUDU, LAGOS STATE SW KOSOFE LAGOS TIER 1 UNIT 200 Million 74 ASHA MFB 11, BOYADE OLUWOLE STREET, OFF AWOLOWO WAY, IKEJA, LAGOS SW Ikeja LAGOS NATIONAL 5 Billion 75 ASPIRE MFB NO. 254, UMUSADEGI ROAD, KWALE, DELTA STATE SS Kwale DELTA STATE 1 Billion 76 ASSET MATRIX MFB 68, HERBERT MACAULEY WAY, EBUTE-METTA, LAGOS SW Lagos Mainland LAGOS TIER 1 UNIT 200 Million 77 ASSET MFB 44, APATA STREET, SHOMOLU, LAGOS SW Shomolu LAGOS TIER 1 UNIT 200 Million SW Ikorodu 78 ASSURED MFB MILLION MARK PLAZA, 96, AYANGBUREN ROAD, OJOGBEN JUNCTION, IKORODU, LAGOS STATE LAGOS TIER 2 UNIT 50 Million 79 ASTRA POLARIS MFB ADIGBE AREA, OBAFEMI OWODE LGA, ABEOKUTA, OGUN STATE SW Obafemi-Owode OGUN STATE 1 Billion PLOT 1077, CADASTRAL ZONE B02, OLD FEDERAL SECRETARIAT ROAD, BY AREA 3 JUNCTION, NC Municipal Area Council 80 ATLAS MFB DURUMI, ABUJA FCT STATE 1 Billion 81 AUCHI MFB 40 OTARU RD AUCHI, EDO-STATE SS Etsako West EDO TIER 2 UNIT 50 Million 82 AUGIE MFB AUGIE TOWN LGA, KEBBI STATE NW Augie KEBBI TIER 2 UNIT 50 Million 83 AVUENEGBE MFB 2, JATTU ROAD, AUCHI, EDO STATE SS Esan South-East EDO TIER 2 UNIT 50 Million 84 AWE MFB AWE-IWO ROAD, AWE, OYO STATE SW Oyo West OYO TIER 2 UNIT 50 Million 85 AWGBU MFB EKE AWGBU MARKET SQUARE, AWGBU, ANAMBRA STATE SE Orumba-North ANAMBRA TIER 2 UNIT 50 Million 86 AWKA MFB 176A NNAMDI AZIKIWE AVENUE, AWKA, ANAMBRA STATE SE Awka-South ANAMBRA TIER 1 UNIT 200 Million 87 AWKA-ETITI MFB KM 1-3, NNOBI AWKA ETITI ROAD,