Nigeria’s microfinance banks hit record N5.2 trillion in assets by mid-2025
Nigeria’s microfinance banks have seen a sharp rise in assets over the past year. Between December 2024 and May 2025, their total holdings grew by N1.267 trillion—a 32% jump in just five months. By June 2025, non-financial assets alone hit a new peak of N358.787 billion.
The latest figures show a steady climb in microfinance assets. In May 2025, total holdings reached N5.228 trillion, the highest on record. This marked a 0.88% increase from April’s N355.650 billion.
Non-financial assets also surged, rising by N131.080 billion year-on-year—a 57.56% leap compared to June 2024. However, data does not identify which institutions hold the largest share of these assets. The rapid growth reflects broader expansion in the sector, though no single bank or group has been singled out as the top holder of non-financial assets during this period.
The latest numbers confirm a strong upward trend for Nigeria’s microfinance sector. Total assets now stand at record levels, with non-financial holdings also climbing sharply. The data suggests continued growth, though no specific institution has been highlighted as leading the increase.
