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About Thrive

We are here to help you thrive.

We are Thrive Microfinance Bank, formerly NNEW Women's Microfinance Bank. Since 2017 we have been helping individuals and small businesses across Nigeria save and borrow.

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  • 2017Serving Nigerians since
  • CBNLicensed microfinance bank
  • NDICMember, deposits insured up to the applicable limit
Our Vision

To be the MFB of choice for thriving MSMEs and individuals.

We are a CBN licensed MFB. Thrive MFB (formerly NNEW Women’s Microfinance Bank) has been operating since 2017 supporting individuals and businesses to thrive. We offer digitally enabled banking products and services to a broad spectrum of customers. We are committed to superior customer experience through simple and fast financial solutions to meet our customers’ needs.

Our Mission

To promote social and economic inclusion through digitally enabled financial services and products that enable MSMEs to thrive

Our major shareholders are reputed companies and institutions committed to sustainable business growth.

Our values

What guides us

Our brand promise is guided by our values.

  • Trust

    Our honor code with all our stakeholders.

  • Honesty

    We deal honestly and transparently always.

  • Respect

    We give and demand respect from all our stakeholders.

  • Integrity

    We do what we say we will do.

  • Vigor

    We are positively motivated to win with our customers.

  • Excellence

    We will always be committed to being the best in our markets.

Our story

From NNEW to Thrive

  1. 2017

    We opened our doors

    As NNEW Women's Microfinance Bank, we started helping individuals and businesses grow.

  2. Today

    Today, we are Thrive

    We are a CBN licensed microfinance bank. We offer savings, loans and everyday banking across Nigeria.

Trust & regulation

Licence and registration

Here are our licence and registration details.

CBN licence
Licensed by the Central Bank of Nigeria
RC number
1227690
NDIC
Member. Deposits insured up to the applicable limit
Registered office
2 Ekololu Street, Surulere, Lagos
Operating since
2017 (formerly NNEW Women's MFB)
Leadership

The people behind Thrive

Experienced leaders focused on sustainable growth and customer-first banking.

BAYO SANNI
Chairman

Bayo Sanni

Bayo Sanni as Chairman of the Board of Thrive MFB leads the strategic direction of the bank in its determined focus to make a lasting impact of building and sustaining thriving individual and business customers. With over 26 years of experience in commercial and retail banking, culminating in executive leadership roles in leading banks, Bayo understands how to create a lasting positive impact on our customers.

Chairman

Bayo Sanni

Bayo Sanni as Chairman of the Board of Thrive MFB leads the strategic direction of the bank in its determined focus to make a lasting impact of building and sustaining thriving individual and business customers. With over 26 years of experience in commercial and retail banking, culminating in executive leadership roles in leading banks, Bayo understands how to create a lasting positive impact on our customers.

As an entrepreneur himself, with ownership of Catilas Resources Limited (major investor in Thrive MFB) and Novopath Homes Limited, Bayo understands the challenges MSMEs face in today’s Nigeria. His experience is further enriched from being a non-executive and independent Director on the board of a few mid-sized companies, including SPOK Capital Limited, IO Furniture Limited and Black Pelican Limited.

Bayo holds first and second degrees in Finance from the University of Lagos and has had further professional training locally and abroad. He is married with two adult children.
NKIRU OGUADINMA
Director

Nkiru Oguadinma

Nkiruka Moghalu-Oguadinma sits on the Board of Thrive MFB overseeing the Finance and General-Purpose Committee.

Director

Nkiru Oguadinma

Nkiruka Moghalu-Oguadinma sits on the Board of Thrive MFB overseeing the Finance and General-Purpose Committee.

Nkiru is an accomplished Marketing and Corporate Communication Expert with over 20 years experience working in the Banking, Healthcare, Insurance and Marketing Communication Industry. She has served at C-suit Level as Group Director, Marketing & Business Development, Verdant Zeal Group; the Chief Marketing Officer (CMO) at HYGEIA Group and currently the Group COO, Red Slate (Group) Limited, a Growth Marketing and Investment Group in Lagos Nigeria

She holds an MBA from the Metropolitan University UK and a BSc. in Marketing from the University of Calabar, Nigeria. She is an associate member of the Chartered Institute of Marketing UK, WIMBIZ and has several certifications from CIM UK, Jack Canfield Coaching Institute USA, Global Customer Experience Management Professional Group (GCEM) and Landmark Education USA, to mention a few. A Business and Brand Strategist, Prolific Writer and Author, Training Facilitator, Speaker, and Personal and Executive Coach, helping individuals and organizations re-sharpen their focus and move from their current state to their desired reality.
FUNMILAYO AROWOOGUN
Director

Funmilayo Arowoogun

RICHARD AYIBIOWU
Director

Richard Ayibiowu

Talk to us

Call our help centre

Talk to us today and challenge us to help your business to thrive. +234 (0) 815 060 8627

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