Are lenders evil for charging high interest rates?
Lending

Are lenders evil for charging high interest rates?

The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.

5 best Paystack alternatives for card payment in Nigeria
Finance

5 best Paystack alternatives for card payment in Nigeria

When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.

How borrower behaviors have shifted under the threat of GSI
Industry Information

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.