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 […]
What is the loan recovery process?
Loan recovery is about ethically stepping up efforts to retrieve what's owed to you, employing assertive tactics to ensure full repayment of the loan.
Finance house vs. Microfinance: An overview of digital lending license
To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.