Ms. Esther Chikanele Ukaegbu

At the prestigious New York Learning Hub, Ms. Esther Chikanele Ukaegbu, a professional banker, presented her research paper titled “The Impact of Microfinance Banks on Small and Medium Enterprises (SMEs) Development in Nigeria: Challenges and Opportunities.” Ukaegbu’s study offers a comprehensive analysis of how microfinance institutions (MFIs) influence the growth and sustainability of SMEs in Nigeria, particularly in key economic hubs like Lagos and Abuja. By using a mixed-methods approach, the research paints a detailed picture of both the opportunities and challenges faced by SMEs in accessing financial services through microfinance banks.

SMEs play a critical role in driving …