Licensed by the Nigerian apex bank, Central Bank of Nigeria, to operate uniquely within the Nigerian financial sector, we are continually guarded by our core strategic objectives to position ourselves as an innovative leader, customer-centric and inclusive financial solutions providers.
To provide accessible, reliable, and technology-driven financial services that foster economic growth and improve the lives of underserved populations in Nigeria.
To revolutionize financial inclusion in Nigeria by leveraging cutting-edge technology, innovative products, and exceptional customer experiences, thereby empowering individuals, businesses, and communities to thrive and reach their full potential.
At Ultraviolet, our core values guide the work we do to power the dreams of millions.
We foster a collaborative and inclusive environment, working together to achieve our common goals and support our clients.
We lead by example, setting high standards in the microfinance industry and driving positive change through innovation and excellence.
We build and maintain trust with our clients and stakeholders by being transparent, reliable, and ethical in all our dealings.
We are agile and responsive to the needs of our clients, adapting quickly to changes and ensuring timely and effective solutions.
We continuously seek to advance our technology and services, empowering our clients with cutting-edge digital financial solutions.
Together, we are a powerhouse of vibrant minds, relentlessly driven by endless possibilities, operating beyond the visible spectrum and working tirelessly behind the scenes to illuminate financial possibilities for our clients.
Streamline your operations with our advanced digital tools and process optimization services, making banking more efficient and user-friendly for your clients.
Ultraviolet Microfinance Bank Limited is a fully licensed MFB by the Central Bank of Nigeria (CBN). The bank was re-capitalized according to CBN directive with its full license issued in 2024. The bank became operational following a change in Leadership and Management to drive growth and impact positively on the finances of Nigerians and beyond.
No 9, Dunukofia Street, Garki, Area 11, Abuja – FCT
No 9, Dunukofia Street, Garki, Area 11, Abuja – FCT
Ultraviolet Microfinance Bank Limited is a fully licensed MFB by the Central Bank of Nigeria (CBN). The bank was re-capitalized according to CBN directive with its full license issued in 2024. The bank became operational following a change in Leadership and Management to drive growth and impact positively on the finances of Nigerians and beyond.
Copyright © 2024, Ultraviolet
HUSSAINI I. MUHAMMED, FOUNDER MUREGE ASSOCIATES is a graduate of Northeastern University, Boston Mass, U.S.A with a Bachelor of Science Finance and Banking. He is also a holder of M.Sc Accounting from the Southeastern University Washington D.C, U.S.A. He attended University of Virginia, Darden, U.S.A on Management of Critical Resources (Risk Management). He had his Ph.D. (Banking and Finance) at the University of Benin, Nigeria.
Prior to establishing Murege Associate (Financial Consulting Firm), Dr. Muhammed held several notable positions and roles in the financial sector such as:
Dr. Muhammed was on the Board of Niger State Economic Advisory Committee. Member, Governing Council Bank Directors Association of Nigeria. Member, Federal Government Committee on the review of people’s bank Nigeria. Member Technical Committee NAFCON, ONNE Port-Harcourt and a Director that represented NNDC in Rogo Processor Limited, Lafia (Agric Project)
He has attended several courses and training programs and also did in-service in fields relating to finance, investment and money market in reputable institutions including Harvard Business School Boston, Kennedy School of Government Harvard University U.S.A. He attended Senior Development Banking Course World Bank Washington, U.S.A., Advance Management Course-AMC Administration Staff College of Nigeria(ASCON) – Badagry, Attended several CBN, Banks Examiners’ Courses, CBN Training School Lagos, Financial Institutions Analysis Federal Reserve Bank New York – U.S.A., Federal Deposit Insurance Corporation (FDIC) Washington D.C, U.S.A., Federal Reserve Bank (FRS) Washington D.C, Executive Education Program Harvard Business School Boston MA, U.S.A., Global Financial System and Reform Management Kennedy School of Government Harvard University, U.S.A
Dr. Muhammed is well-traveled with extensive executive experience and impeccable ethics and integrity. His hobby includes Swimming, Soccer, Athletics, travelling and essayist.
He is the Chairman, Board of Directors, Ultraviolet Microfinance Bank Limited
BAYONLE OMOYELE is a visionary leader and Microfinance expert who transformed Reliance Thrift and Credit Cooperative Society, a venture he started with less than ₦200,000, into the thriving Ultraviolet Microfinance Bank (Ultraviolet MFB) within just four years. As the Managing Director and CEO, Bayonle has steered Ultraviolet MFB to become a beacon of financial empowerment, providing essential services like savings, loans, and access to vital financial resources for underserved communities.
Bayonle’s expertise extends beyond traditional banking; he is also the innovative mind behind SavingsBox, a fintech platform that simplifies automated savings, investments, credit access, and food security for users. His dedication to financial inclusion is evident in every initiative he undertakes, driving change and making financial services more accessible to all.
He holds the prestigious Microfinance Certified Banker (MCIB) certification from the Chartered Institute of Bankers of Nigeria. His academic background includes a postgraduate degree from Nile University of Nigeria, and he is currently enhancing his business acumen by pursuing an MBA at Lagos Business School.
Bayonle Omoyele’s journey from a modest startup to leading a Microfinance powerhouse is a testament to his relentless drive, innovative thinking, and unwavering commitment to empowering individuals through financial services.
He is the MD/CEO, Ultraviolet Microfinance Bank Limited
ADEKUNLE ALADE (BSC, MBA, FCA) has over 12 years of experience as a finance professional with proven skills in investment banking, financial advisory accounting & finance. His experience also extends to fundraising, project finance, financial modeling, due diligence, and business restructuring across different key sectors including oil & gas, financial services, infrastructure, power, and telecommunications. He has worked with the following companies before founding Pathway Advisors Limited as Chief Executive Office/Managing Director.
His professional accomplishments include Boston Advisory Limited as Senior Vice-President, Elixir Capital Partners Limited (now AVA Capital Group) as Head, Investment Banking, KPMG Deal Advisory (Assistant Manager), Dehinde Omogoroye & Co (Audit Staff), and Ernst & Young (Audit Staff).
He is a Non-Executive Director, Ultraviolet Microfinance Bank Limited.
HUSSEIN ABDULATEEF ABIOLA has extensive experience spanning Investment Banking, Microfinance Banking, Insurance and Consulting. He started his career as a management consultant at Solina group before moving into investment banking at Blackbit Limited, Axe Capital & Globalview Capital Limited.
He later joined Mutual Trust Microfinance Bank in 2019 as a Manager II, Corporate finance & strategy where he championed the Bank’s first N1 Billion 3 year bond and also managed disbursement strategies that led to the growth of the Bank’s Balance sheet up to N5 billion in 2020.
He holds a Bachelor’s degree in Economics, Banking and Finance from Eastern Mediterranean University, Cyprus and also a Chartered Microfinance Banker and a SEC Sponsored Individual. He is also undergoing an MBA at the Lagos Business School. He serves as the Chief Executive Officer at BAS Capital responsible for driving business initiatives and corporate development.
He is a Non-Executive Director, Ultraviolet Microfinance Bank Limited.
BASHIR ABDULRAHIM is a distinguished Chartered Civil Engineer with over 15 years of robust experience in executive and senior management roles, specializing in asset management, Public-Private Partnerships (PPP), and the delivery of large-scale infrastructure, and building construction projects.
He holds a Master’s degree in Civil Engineering and Finance from the University of Portsmouth, he is a Registered Engineer with COREN (Council for the Regulation of Engineering in Nigeria) and a recognised Chartered Engineer with the Institution of Civil Engineers (ICE).
Bashir is the Managing Director of Safer Project Ltd, a position he has held since 2019 and has been at the forefront of strategic business planning and operational leadership. He was a Senior Project Manager at Bouygues Construction Nigeria Ltd, where he managed high-profile projects such as the NLNG Head Office Development in Abuja and the prestigious Jabi Lake Mall, a Senior Contracts Manager with Colas Ltd, in the UK, and was responsible for managing major capital works and surface treatments projects across various local authorities in Southern England, including Hampshire County Council, Kent County Council, Surrey County Council, and Westminster City Council.
Bashir has demonstrated a strong commitment to professional development and excellence, innovative problem-solving, and a deep understanding of the complexities involved in modern engineering and project management.
His leadership style is characterized by a proactive approach to problem-solving, focus on continuous improvement, and a deep respect for the technical and human aspects of project management. He is known for his ability to inspire and lead multidisciplinary teams, navigate the challenges of large-scale construction projects, stringent adherence to safety and regulatory standards, fostering a collaborative environment that drives innovation and ensures successes in financial, operational, and general project goals.
He is a Non-Executive Director, Ultraviolet Microfinance Bank Limited.
OLASUPO OLUFEMI AUSTIN is an Entrepreneur and a Humanitarian. He is currently the EC/CEO, Stage Partners Holdings Limited and the Lead Partner of Femaus Advisory and Consulting Limited. He has over 20 years of experience in the Banking Sector and has led as the Chief Risk Officer and Managing Director, Strategy and Implementation Manager and many other leads at committee levels. He is a Certified Risk Manager and a Certified Expert in Microfinance from the Frankfurt Business School making him an outstanding Management & Financial Consultant.
He started his banking career with Standard Trust Bank and subsequently worked with UBA, FCMB, Intercontinental, Access, Fortis, and Personal Trust before going into full-time consulting He has a degree in both Business Administration and Accounting, a Postgraduate degree in Computer Science, an MSc in Finance and a PhD in view with a specialization in Marketing. His formal education includes a degree in Business Administration and Accounting, and an MSC in Finance with focus on Strategic Financial Business Analysis and Development.
He has a professional interest in Enterprise Risk Management and Analysis, Business Planning and Strategy, Service Quality Management, Project Management, Organizational Alignment, Financial Budgeting and Forecasting. An exceptionally skilled banker, with a passion for Risk Management and retail Businesses and a commendable track record of achievements in Risk Management and Business Development. He is a thoroughbred resourceful, and self-motivated personality. He has competencies in policy development, Retail Banking, Credit Analysis, Credit Monitoring and Control, Loan Recovery, Credit Reconciliation, Operational Risk, Business Operations, Banking Operation Strategy, Business Development, financial inclusion, Digital Payment Solutions, Business Process re-engineering, Organizational Alignment, Project Management as well as Strategic Planning and Execution.
He has a demonstrated record of exceeding profitability goals, turning around underperforming units, and driving increased revenues and market share with a focus on remaining efficient and sustainable. His astute ERM design leans more on the four pillars of operational risk and tight internal control process. His Professional memberships include: Fellow Association of Enterprise Risk Management Professionals, Associate Member of the Chartered Institute of Economists; Member of the Chartered Institute of Bankers (CIBN); Member of the International Association of Risk and Compliance Professionals; Fellow of the Institute for Fraud Management and Control, Senior Associate, Risk Managers Association of Nigeria (RIMAN), FICA and Certified Enterprise Risk Manager. He is a World Bank and Bank of Asia Certified Microfinance trainer, Microfinance Certified Practitioner (MCP) and Certified Expert in Microfinance (Frankfurt Business School).
Olasupo has attended various training which include; Sales and Marketing, Business Development, Retail Banking in a recessionary economy, Negotiation Skills, Anti-money Laundering, Foreign Operations, Basic Credit, Integrated credit, Advanced Credit, Asset and Liability Management, Operational Risk (with attention on Business Continuity Plan BCP), Strategic Risk management Governance, Risk and Compliance Principles, Basel II, Basel III and many more. He is a consultant and facilitator to organizations including; the Institute for Fraud Management and Control (IFMC), Dartabrains, Matkis Farms, Trueneed Int’l Service Ltd, Tiqpay MfBank, Canaan MfBank just to mention a few. His consulting competencies cover managing Retail Businesses, Risk Management, Product and Policy Development, Business Set Ups, Farming, Business Transformation, Policy, Finance, Strategy, Training and IT
He is a Non-Executive Director in Ultraviolet Microfinance Bank Limited.
HALIMA J. WUSHISHI (LLB, BL, MBCL, PGDSPA (PRINCIPAL PARTNER, LAWMATICS CONSULT LTD (LCL) is a Nigerian born & based Lawyer, Conflict Resolution Ambassador, Facilitator and Corporate Governance Consultant. Over the past decade she worked in the insurance industry as a Company secretary/legal adviser/chief compliance officer and also served as Board member.
Dr. Wushishi holds a professional Doctorate Degree in Peace and Conflict Resolution and a Masters of Business and Commercial Law combined with further Post Graduate Diploma in Social Policy and Administration. She founded Lawmatics Consult Ltd (a corporate governance and corporate law firm) in recognition of the growing emphasis and the promotion of corporate governance while helping businesses to succeed. Due to the keen interest in ensuring business success, she advises, promote and train business owners both small and large to record success. She is a member of many associations such as Nigerian Bar Association, Society for Corporate Governance Nigeria, Association of Corporate Governance Professionals of Nigeria, Institute of Chartered Secretaries and Administrators, Chartered Institute of Loan and Risk Management Nigeria, a Fellow of the Institute of Management Consultants, Nigeria and a Certified Associate member of the Business Recovery & Insolvency Practitioners Association of Nigeria (BRIPAN).
Dr. Wushishi has experience in conflict management resolution at both transactional level and Board level, debt recovery, Property law. Other skills regarding her experience are: Clear and confident decision making, Risk management and mitigation, Debt Recovery Exercise, Shareholder and Stakeholder engagement, Strategy delivery, Governance management, Policy Drafting, Trainings and Relationship building. She attended numerous training programs, courses and seminars both local and international.
Halima enjoys travelling, reading and working, especially with startups through the phase in business formation.
She is an Independent Non-Executive Director, Ultraviolet Microfinance Bank Limited.
Anastacia is the Chief Marketing Officer of Ultraviolet MFB with over eight (8) years of experience in the Banking Industry in the areas of Investment Banking, Business and Marketing Strategy, Client Relation and Retention with Sales & Strategic Planning. She has a Bs.c in Sociology and Anthropology from the University of Benin, Benin-City and Masters in Business Administration specializing in Finance and Investment from ABU Zaria.
Nebeolisa also holds various certifications covering Accounting, Credit risk and Treasury Management. She was inducted as a Microfinance Certified Banker in August 2023 by the Chartered Institute of Bankers of Nigeria (CIBN) and currently pursuing the Associate Chartered Banker Practioner certificate (ACIB).
Her work experiences span over four financial institutions starting at Aquila Leasing Ltd where she had an in-depth experience in credit analysis and management. She went on to Abuja Leasing Company where she received Awards as one of the best performing staff in terms of funds management and loan disbursements. She joined Mutual Trust MFB in 2019 where she had an outstanding feat of a pre-resumption performance and went on to become a divisional head three years later managing a balance sheet in excess of N5Billion.
She joined Ultraviolet Microfinance Bank to bring her wealth of experience in growing the financials of the bank while leading her team to offer the best value to all stakeholders of the bank.
Gloria is a Legal Practitioner of 18 years post call with work experience in Corporate Practice – Banking, Insurance, Real Estate, Fintech Operations, Legal Advisory, Regulatory Registrations and Corporate Governance.
She started her legal career with Edwin Atohengbe & Co. Chambers as an Associate Counsel and thereafter, joined LIFT Microfinance Bank Limited as the Corporate Affairs Officer/Company Secretary. She became the Group Head, Governance & Compliance in LAPO Microfinance Bank Limited and has also functioned in leadership positions in other organization which includes: Orange Insurance Brokers Limited, Safalex Nigeria Limited, and ERCAS Integrated Solutions Limited. She served as the Managing Partner in G.N Ubaka & Company before joining Ultraviolet Microfinance Bank Limited.
Gloria holds Nigerian Bar Certificate (BL) from the Nigerian Law School and her Bachelor at Law (LLB) from Ambrose Alli University, Ekpoma, Edo State, a Diploma certificate in Social Works and the MCIB from the Chartered Institute of Bankers of Nigerian (CIBN).
She is currently the Company Secretary/Legal of Ultraviolet Microfinance Bank Limited.
CHUKWUKA METU is a graduate of Lagos state University in Nigeria with a Bachelor of Science Degree in Computer Science . He is also a holder of a Diploma in Electronic and computer Engineering from the same Institution Prior to various engagement in Information Technology, Telecommunication and Networking .
He has held several notable positions and roles in the Information Technology sector such as:Technical Officer / Specialist in Fumman Nigeria in Lagos State ,Engineer in ASA Advance. Technology Company Ltd Lagos State , IT Officer at PTV Phones Ikeja Lagos state, Network Engineer at NTTS Neets Nigeria , Senior Engineer / Supervisor at Support Systems limited Network Officer at Makasa sun Telecom Nigeria Limited, Network Supervisor at Biswal Telecom Nigeria Limited, Network Specialist at Tyllium Telecom Nigeria Limited, IT Infrastructure/ Management at Fedeth Microfinance Bank / Clearpay Microfinance Bank and Head ICT at Ultraviolet Microfinance Bank.
Chukwuka has attended several courses and training programs and also received certifications such as Information Security Management Certification ISOIEC- 27001 2022 and has had training certificates in CCNA networking , Telecommunication ,, Network Defence Essentials, Ethikal Hacking Essentials , Cybersecurity Training Certificate .He has vast experience in project management and Application Implementation from Reputable Organisations He is well-exposed in ICT with vast extensive experience and impeccable ethics and integrity. His hobbies includes ,Soccer, Athletics and travelling
Durowade Rasheed was born in Kwara state and had his primary school education in Ilorin and his secondary school in Offa all in Kwara state, before proceeding to the University of Abuja where he had his first degree in Accounting in 2006.
Prior to his first degree Abdulrasheed Durowade also obtained a diploma in banking& finance from his alma mater.He became a chartered member of the institute of Bankers in 2013 having completed the professional examination of the institute of Bankers of Nigeria.He started his banking career in the operations department of United bank for Africa Plc, Lokoja Branch and worked in all the departments including cash&teller,Funds transfer, Credit department , Internal Control unit and later became the Accountant of the branch.
Searching for greener pasture he left UBA to join the foremost Microfinance in Nigeria, Fortis MFB where he was the Head of Internal Audit and Internal Control Unit. Presently with Ultraviolet Microfinance bank as the Head of Internal Control/Audit. While in all the bank’s he attended several courses. Courses of fraud detection and prevention were key courses of the courses he attended.
Anthony Ezeabii is a dynamic IT and operations executive with over a decade of experience in the microfinance banking sector, specializing in digital transformation and strategic implementation of technology-driven solutions. As the Chief Operating/Implementation Officer at Ultraviolet Microfinance Bank, Anthony brings a wealth of expertise in optimizing operational efficiency, driving business growth, and enhancing customer experiences through innovative digital channels.
With a proven track record of overseeing complex IT infrastructures and implementing digital platforms, Anthony is adept at aligning technology strategies with business objectives, ensuring compliance with regulatory standards, and managing cross-functional teams to deliver seamless and user-friendly banking experiences.
Anthony holds a Post Graduate Diploma in Management Studies from Ladoke Akintola University of Technology, Ogbomosho and has a background in Accounting from the Institute of Management and Technology, Enugu. Known for a strategic vision and a results-oriented approach, Anthony continues to leverage emerging technologies to drive financial inclusion, improve service delivery, and maintain a competitive edge in the rapidly evolving microfinance landscape.
As a results-oriented banking professional with 6 years of experience in the banking industry, specializing in credit analysis and department management. Leveraging comprehensive experience in microfinance and capital firms, I bring a proven ability to assess financial risks and drive strategic credit operations.
Known for my analytical skills and leadership ability, I am committed to supporting financial institutions in achieving sustainable growth through prudent credit practices.
Professional Experience:
Mutual Trust Microfinance Bank: Credit Analyst
Rimworld Capital Limited: Head of Credit Department
Certifications:
Key Skills:
