The Nigeria banking system has undergone remarkable changes over the years in terms of the number of institutions ownership, structure, technological innovation, expansion, and number of local and international branches, capital base, among others. The study examined major problems, marketing practices and factors affecting operational success of microfinance banks in Nigeria. It investigated the contribution of microfinance banks to the development and growth of small and medium enterprises in the country. The result of the study shows that MFB in the country was designed to provide banking services targeted of the low-income, the poor and the rural dwellers in the cottage busine
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