Consumer loans hit N2.4trn in Q1
Consumer credit in Nigeria rose by 1.3 percent to N2.35 trillion in the first quarter of 2023 from N2.32 trillion...
Consumer credit in Nigeria rose by 1.3 percent to N2.35 trillion in the first quarter of 2023 from N2.32 trillion...
The rising cost of living has forced many Nigerians to borrow from online lending platforms, even as default rates rise,...
Nigerian banks’ net domestic credit (NDC), consisting of loans to the private sector and the government, has maintained a steady...
Agusto & Co Limited has released its 2022 Nigerian Banking Industry Report. The 2022 edition of the annual report by...
The Federal Competition and Consumer Protection Commission (FCCPC) has barred all financial technology companies from providing payment or transaction services...
Nirsal Microfinance Bank Limited (NIRSAL MFB) has launched two new products named salary advance and SME loan, to make access...
The large informal segments at the bottom pyramid of the Nigeria economy are being attracted into the financial cycle through...