Letshego enters Nigerian market

Spreading wings: Letshego now operates in ten African countries
Spreading wings: Letshego now operates in ten African countries

Leading local micro-lender, Letshego Holdings has moved to acquire 100 percent stake in another commercial bank in Nigeria, FBN Microfinance Bank, a month after acquiring another bank in Tanzania.

The move is part of their strategy to expand into Africa.

FBN Microfinance Bank Limited is a deposit taking financial institution that specialises in micro-finance. It operates a branch network of 28 customer access points and has a staff complement of over 300, a depositor base of 80,000 customers and a loan customer base of over 10,000.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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