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.
If your employer won’t give you a staff loan, ditch them!
For many employees, staff loans are more than a workplace perk, they can be a vital source of affordable credit during emergencies or major life expenses. When employers fail to provide meaningful financial support, it can leave workers dependent on expensive alternatives and unnecessary stress. While leaving a job is a serious decision with many factors to consider, the absence of fair staff lending policies can reveal deeper issues about how an organisation values employee wellbeing and financial stability.
Everything you need to know about the Central Bank of Nigeria act
This article walks through the Central Bank Act with a focus on what it means for Nigerian lenders and credit providers.