The Nigeria Deposit Insurance Corporation (NDIC) was established on 15 June 1988 under the NDIC Act No. 22 of 1988 to strengthen the safety net for the newly liberalized banking sector. It... read more →
Mounting debts can undermine Nigerians’ well-being and even derail their life plans, in this article we share tips on how to get out of debt in Nigeria. The metaphors commonly... read more →
We all have to deal with the unexpected, but an unexpected financial event is especially stressful. If you have an issue you may need to take out an emergency loan... read more →
A personal loan is a structured loan available only for personal borrowing. All retail banks offer loans of this type. The customer borrows an agreed sum and pays back in... read more →
Peer to peer lending in Nigeria is a way to borrow without using a traditional bank or credit union. The interest rate on P2P loans in Nigeria can be surprisingly... read more →
Crowdfunding is a great new way to use the power of the crowd to raise money for a variety of different projects and ventures. Crowdfunding in Nigeria is possible through... read more →
Banks are generally wary of providing credit to the SME sector due to many issues including lack of collateral and identification. As such, microfinance loans in Nigeria provide the funding needed... read more →
