A graduate of the University of Maiduguri, Fatima Yerima Askira, has unveiled Otech Microfinance Bank, extending a professional journey that has covered more than ten years in development work, education, and peacebuilding initiatives.
Askira, who earned a degree in Biological Sciences (Botany) from the University of Maiduguri, is the Founder and Managing Director/Chief Executive Officer of Otech Microfinance Bank, a financial institution licensed by the Central Bank of Nigeria with a focus on supporting small and medium-sized enterprises.
Prior to entering the banking industry, Askira founded the Borno Women Development Initiative (BOWDI), a non-governmental organization committed to empowering women and youth through education, advocacy, peacebuilding, and economic empowerment programmes. Through the initiative, she has engaged with conflict-affected communities across northeastern Nigeria, delivering literacy programmes, counselling services, and livelihood interventions for vulnerable women and young people.
She also established Fayas School, an educational project designed to promote learning and enhance child development.
Over the years, Askira has gained recognition as a development expert and champion of women’s empowerment. Her contributions have earned acknowledgment in both national and international peacebuilding and leadership circles, where she has participated in discussions on education, youth advancement, and conflict prevention.
The establishment of Otech Microfinance Bank represents a new phase in her professional career, enabling her to bring extensive community development experience into the financial services sector.
According to information released by the bank, Otech Microfinance Bank holds a licence from the Central Bank of Nigeria and is committed to strengthening financial inclusion for small businesses and underserved communities. The institution is expected to offer banking products and services tailored to entrepreneurs and individuals who often encounter difficulties accessing traditional financial services.
For many observers, Askira’s transition from the lecture halls of the University of Maiduguri to leading organizations in education, development, and finance demonstrates the increasing influence of the institution’s alumni across various sectors of national development.
As Otech Microfinance Bank commences operations, attention will focus on how the institution advances financial inclusion, supports small businesses, and creates greater opportunities for entrepreneurs throughout Nigeria.
