Unibadan Microfinance Bank secured the Central Bank of Nigeria’s Approval-in-principle on 24 th December 2011 and was fully registered with Corporate Affairs Commission, being incorporated as a limited liability company on 16 th April 2012 with RC 1026294.It was formally inaugurated by the Council Chairman Chief Wole Olanipekun on 4 th of May 2012, at which point the bank began initial operations. The bank received its final approval to operate as UNIBADAN MICROFINANCE BANK LTD on 29 th August 2012 and commenced full microfinance banking services on 2 nd December 2012
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