Bank of Ghana’s new licensing rule for digital lenders
Industry Information

Bank of Ghana’s new licensing rule for digital lenders

The Bank of Ghana has officially announced a new phase in digital credit regulation. Starting November 3, 2025, the central bank will begin accepting applications from entities seeking to operate as Digital Credit Service Providers. This includes every mobile loan application, digital lender, or fintech company offering credit services through apps or online platforms. Existing […]

Can I use a state money lending license to lend anywhere in Nigeria?
License

Can I use a state money lending license to lend anywhere in Nigeria?

As a lender new to the game, one of the foremost questions you’re likely to have is how possible it is to use a state money lending license to lend anywhere and to anyone in Nigeria, especially with the rise of digital lending.

8 signs a borrower would default 
Industry Information

8 signs a borrower would default 

Any lender who plans to run a profitable loan business and not a charity organization must keep a sharp eye out for signs that a borrower might bail on their loan repayments.