Who is receiving Nigerian bank loans is a question we have been asking ourselves for a long time, at work, church and family gatherings. The banking sector provided a total credit of N63.27tn to finance the activities of the private sector in 2017, figures from the National Bureau of Statistics revealed. A breakdown of the N63.27tn showed that the sum of N16tn was provided in the first quarter while the second, third and fourth quarters
Bitcoin in Nigeria Our nation is currently trading about $4.7 million Bitcoin in Nigeria a week, up from about $300,000 per week a year ago. That’s No. 23 globally, according to researcher CryptoCompare—far below the more than $1 billion traded daily in U.S. dollars or Japanese yen, but comparable to the volume of activity in Chinese yuan or Indian rupees. Given its increased popularity and high volatility the CBN put out a circular last year warning 
There is good news for Nigerian borrowers today, as the CBN released data which shows the availability of unsecured loans provided by Nigerian banks to households rose and was expected to rise further. Lenders such as GTB, Access and Zenith reported higher appetite for risk and brighter economic outlook as the major factors that contributed to the increase in loans in Q4 2017. Despite lenders’ resolve to tighten the credit scoring criteria for total unsecured 
There are several ways to lower your debt in Nigeria. These include refinancing, consolidation and renegotiating payment terms. Whether it was that Wizkid or Adekunle Gold concert ticket that set us back on our financial goals for 2018, these techniques will help us to recover our finances from the excesses we indulged in this festive period. Refinancing Refinancing allows you to lower the monthly cost of items that are otherwise tough to change. If you plan The Pension Reform Act 2004 established the National Pension Commission (PENCOM) as the body to regulate, supervise and ensure the effective administration of pension matters in Nigeria. The objectives of the PENCOM are as follows; Regulation and supervision of the Scheme established under the Act. Issuance of guidelines for the investment of pension funds. Approving, licensing, regulating and supervising pension fund administrators, custodians and other institutions relating to pension matters as the Commission may, The Securities and Exchange Commission (SEC), Nigeria is the apex regulatory institution of the Nigerian capital market supervised by the Federal Ministry of Finance. The Commission has evolved over time having started with the establishment of the Capital Issues Committee in 1962 by the government as an essential arm of the Central Bank of Nigeria. The promulgation of the ISA No. 25 of 2007 gives the Commission its current power. The objectives of 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 operates under the Nigeria Deposit Insurance Corporation Act No. 16 of 2006. The NDIC complements the regulatory and supervisory role of the Central Bank of Nigeria (CBN), although it reports to the Federal Ministry of Finance. It is the sole agency of government responsible
