Can I use a cooperative license to lend in Nigeria?
License

Can I use a cooperative license to lend in Nigeria?

One question that prospective Nigerian lenders always ask is if it’s legal to use a cooperative license to lend. Yes, it is.

When to go legal with loan defaulters
Industry Information

When to go legal with loan defaulters

Whether you're a small lender or a big institution, the decision to pursue legal action against a defaulter is governed by various factors, including the loan type, the borrower's behavior, and, most importantly, the legal framework in your jurisdiction.

Requirements for a moneylenders license in Nigeria
License

Requirements for a moneylenders license in Nigeria

For those who want to lend strictly without offering other banking or financial services, we'll show you the requirements for a moneylender's license.