How to get your USSD code as a lender in Nigeria
USSD code for lenders are available in two ways: either from the Nigerian Communications Commission (NCC) or through VASPs. Learn more.
Ethical ways to recover loans
Recovering loans ethically is one of the toughest challenges Nigerian lenders face. Contrary to common assumptions, the biggest obstacle isn’t funding, technology, or regulation, it’s the alarming reality that many Nigerians simply don’t pay back their loans. While financial hardship plays a part, a significant number of borrowers are willfully reluctant to repay. This article explores ethical, effective strategies lenders can use to recover loans without resorting to harassment or illegal practices.
FCCPC’s new consumer lending regulation
This guide breaks down what the new FCCPC regulations mean, who they apply to, and how affected businesses can prepare.