A Guide to Nigeria’s Financial Ecosystem: Players, Services, and Regulators
The Nigerian financial industry is a vast and complex landscape that can be challenging to navigate, even for experienced professionals. For fintechs looking to enter this market, understanding the intricacies of the financial ecosystem is crucial to success. However, with so much information to sift through, it can be daunting to know where to start.
What is Islamic finance and how is it different from traditional models?
For lenders looking to expand into markets with strong Muslim populations, Islamic finance is an important factor to understand.
5 issues that lenders have with Nigerian credit bureaus
Before Nigerian credit bureaus were created, banks operated as lone wolves, reluctant to share credit information with third parties. They also didnāt have ways of knowing if a borrower had unpaid loans with other banks/financial institutions. As such, borrowers could easily secure multiple loans and cart away funds from different institutions without the lenders knowing. […]