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.

How to use Mifos X and Apache Fineract with Lendsqr as a core banking system
How to

How to use Mifos X and Apache Fineract with Lendsqr as a core banking system

Traditionally, implementing a new core banking system can take upwards of six months. Lendsqr dramatically quickens this process with pre-built integration adapters.

5 issues that lenders have with Nigerian credit bureaus
Industry Information

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 didn’t 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. […]