How to get a lending license in Sierra Leone
License

How to get a lending license in Sierra Leone

If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both.  But, that’s not the only reason why you need one, right?  Predatory lending thrives in markets with no regulation. While there may be […]

Best loan management software for Ghanaian lenders: Lendsqr vs. Business Warrior
Lender information

Best loan management software for Ghanaian lenders: Lendsqr vs. Business Warrior

Without the right LMS, managing loans can get messy, risky, and downright exhausting. With it, things get a whole lot smoother.

FCCPC regulations for digital lenders
Information

FCCPC regulations for digital lenders

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a more comprehensive framework to guide the operations of digital lenders in Nigeria. The Commission […]