BVN is great, but here are 5 ways CBN can make it better
Creating BVN was a commendable first step, but if it doesn’t evolve with technology, it risks becoming more bureaucratic than valuable.
What you need to know about CrediCorp
In Nigeria, easy access to credit is vital to achieving personal financial goals. The Nigerian Consumer Credit Corporation (CrediCorp) is leading the charge in making consumer credit more accessible, putting Nigerians in the driver's seat of their financial futures.
VeendHQ Vs. Lendsqr: Which loan management software is right for you?
The difference between a flourishing lender and one that’s struggling to stay afloat is often evident in one critical factor: the lender’s technology or, in this case, the lender’s loan management software (LMS). VeendHQ and Lendsqr boasts of excellent features and benefits. But which one truly stands out?
5 ways to stand out as a lender in Rwanda
Drawing from our extensive experience and industry knowledge, we've found Rwanda to be an ideal environment for digital lending. Find out 5 ways to stand out!
What you need to know about blacklists
A blacklist is an organized list that records the details of individuals who have engaged in misconduct. And there are so many blacklists all over the world. Today, we talk about KARMA.
All you need to know about the new student loan law
For many Nigerian students today, their dreams are stifled by financial barriers. Learn how the new student loan helps to change that.
How borrower behaviors have shifted under the threat of GSI
GSI is making borrowers think twice before taking out loans, pay closer attention to the fine print of loan agreements, and more.
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.
When is the right time to commence recovery as a digital lender
Recovery involves a shift in strategy compared to repayment or collection. It's about ethically stepping up efforts to retrieve what's owed to you, employing assertive tactics to ensure full repayment of the loan.
A lender’s guide to understanding risk assessment
Without proper risk assessment, you're open to a slew of potential problems, like losing money, facing fines, damaging your rep, falling prey to fraudsters, and even cyberattacks.
7 best things the Central Bank has ever done for digital lending in Nigeria
The CBN has laid a strong foundation, but its work is far from over.
5 ways GSI should be improved by the Central Bank of Nigeria (CBN)
Global Standing Instruction (GSI) is one of the most remarkable inventions by the CBN. Now, is the GSI as good as it should be? We don’t think so because every good thing can get better.
