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Purple Makes Board Changes - Vimarsana News

Purple Makes Board Changes

Purple has announced changes on its Board. This follows the retirement of Mr. Olutola Mobolurin as Chairman and Independent Director on the Board of Purple. Mr. Mobolurin served on the Board of Purple for 9 years helping it grow from a start-up to a group of companies with total assets of N25 billion and paving the way for its 2022 strategic plan to grow total assets to N75 billion in the near term. Mr. Mobolurin will continue as Advisor to the Board of Purple, as it takes necessary steps to grow its total assets. | Pulse Nigeria

Source: pulse.ng
Liquidity platform launched to accelerate microfinance industry - Vimarsana News

Liquidity platform launched to accelerate microfinance industry

Punch Newspapers Sections Published 12:18 am The Microfinance Development Company Ltd has launched the Inter-member Liquidity Placement platform to enable microfinance banks place liquidity among themselves. During a business forum for stakeholders in the microfinance industry, the Chief Executive Officer of MDCL, Obinna Onunkwo, said it was put together to address some of the critical challenges the microfinance industry was facing. According to a statement issued by the company on Thursday, he pointed out that in line with its objective of creating a shared services platform for the industr...