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 →
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 →