Nigeria’s Banks and Other Financial Institutions Act
Industry Information

Nigeria’s Banks and Other Financial Institutions Act

This article walks through Nigeria's Banks and Other Financial Institutions Act in a way that connects the legal provisions to how lending businesses actually operate.

Why direct debit is the silent hero of loan recovery in Nigeria
Industry Information

Why direct debit is the silent hero of loan recovery in Nigeria

Unlike cards, direct debit cuts through the noise, offering a simpler and dependable way to ensure payments are made on time, every time.

How the Lendsqr Karma service blocks bad actors and defaulters
Industry Information

How the Lendsqr Karma service blocks bad actors and defaulters

Lending becomes harder when the same bad actors move across platforms, taking loans with no intention to repay. This is where Lendsqr’s Karma service comes in. By checking borrower identities, device patterns, and past behavior across the ecosystem, Karma helps lenders identify defaulters and fraud risks early in the decision process. This article explains how it works and how it helps protect loan portfolios from repeat abuse.