30 results
- 16 May 2024
CrediCorp Partners FintechNGR to Drive Consumer Credit Initiative
Nigerian Consumer Credit Corporation (CrediCorp), has partnered Fintech Association of Nigeria (FinTechNGR) to drive consumer credit scheme initiative through a robust payment platform that would be…
- 21 Jul 2026
FG Launches C.L.I.C.K.D., Consumer Credit Scheme for Tech Devices
Federal government has launched Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices (C.L.I.C.K.D.), a new consumer credit initiative, to provide affordable financing for locally…
- 17 Jun 2025
Loan Defaulters Risk Denial of Passport Renewal, Others- CREDICORP
Uzoma Nwagba, managing director, Nigeria Consumer Credit Corporation (CREDICORP), has announced that failure to repay loans may soon affect citizens’ access to essential services such as passport…
- 6 Apr 2024
Tinubu Appoints Nwagba as CEO of CREDICORP
President Bola Tinubu has approved the appointment of Uzoma Nwagba as managing director/chief executive officer, Nigerian Consumer Credit Corporation (CREDICORP). Uzoma Nwagba CrediCorp, is a company…
- 18 Jan 2010
Elumelu Lauds Establishment of Credit Bureaus
Tony Elumelu, group managing director/CEO UBA Plc has lauded the establishment of credit bureaus in Nigeria describing it as a historic milestone in the financial services sector in the…
- 4 Nov 2019
Agusto & Co. Assigns ‘4 star’ Ratings to Two Banks in Nigeria
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has released its 2019 Consumer Digital Banking Satisfaction Index report which highlights customer's…
- 17 Oct 2019
CRC Credit Bureau Inks Agreement with Nova Credit U.S
Nigerians relocating to the United States can now use their international credit history to apply for credit products, following a partnership between CRC Credit Bureau and Nova Credit, a…
- 20 Jan 2026
CBN Raises Alarm over Loan Defaults by Households, Corporates
Banks recorded an increase in loan defaults by households and corporates in the fourth quarter of 2025, reflecting growing repayment pressures on consumers and businesses, latest Credit Conditions…
- 11 Aug 2026
Nigerians Borrow More to Buy Homes as Mortgage Demand Climbs - CBN
Credit demand for house purchases by Nigerian households rose to 9.6 index points in the second quarter of 2026 (Q2 2026), indicating increased borrowing for personal home acquisition. The Central…
- 8 Jun 2026
FCCPC Refutes Airtime Market Takeover Claims
Federal Competition and Consumer Protection Commission (FCCPC) has rejected reports claiming it backed a major shake-up of Nigeria’s airtime credit market or secured presidential approval for new…
- 1 Jul 2015
Chams Unveils Identity Verification Application, ConfirmMe
Chams Plc, Nigeria’s leading identity management firm, has unveiled identity verification software called ConfirmMe, a unified platform which aggregates data from certified institutional sources from…
- 6 Jul 2015
Chams Tackles Identity Verification Issues with ConfirmMe
Chams Plc, Nigeria’s leading identity management firm, has unveiled identity verification software called ConfirmMe, a unified platform which aggregates data from certified institutional…
- 2 Mar 2020
CRC Credit Bureau Launches CRC Mobile App for Credit Information
CRC Credit Bureau Limited has introduced its mobile application called ‘CRC Mobile’ in the Nigerian credit bureau industry, to allow individuals access to their credit information and credit scores…
- 14 Jul 2015
Uber Rolls Out Promo for First Rides, Tech+ Participants & Visitors
As part of efforts geared towards enriching the experience of participants in the forthcoming Technology Conference and ExhibitionTech+, global technology company Uber has announced a N5, 000.00…
- 23 Nov 2018
Senate Expresses Commitment to Speedy Amendment of NDIC Act
The Senate Committee on Banking, Insurance and Other Financial Institutions has expressed a strong Commitment for the accelerated amendment of the Nigeria Deposit Insurance Corporation (NDIC) Act,…
- 14 Jul 2020
TradeDepot Secures Additional $10M to Transform Informal Retail Supply Chain in Nigeria
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women…
- 4 May 2022
E-commerce Adoption in Northern Nigeria
E-commerce platforms like Jumia and fintech companies have brought a new dynamic to everyday living in Northern Nigeria. Individuals, households, small enterprises, and huge corporations are…
- 28 Jul 2020
Nigerians, Firms Owe Banks N1.2Trillion- NBS
Banks’ non-performing loans stood at N1.2tn as of the end of June according to figures obtained from the Central Bank of Nigeria (CBN). Godwin Emefiele, governor, CBN This amounted to about 6.4 per…
- 28 Oct 2020
Huge Consumer Loans Weigh Banks Down
A Central Bank of Nigeria (CBN), Survey Report has shown that banks experienced higher loan default rates on credit cards and overdrafts/ personal lending to household in the third quarter of the…
- 27 Nov 2017
CBN to Sack Bank Chiefs over Bad Loans
A new Code of Corporate Governance approved by the Central Bank of Nigeria (CBN) has stipulated that bank directors with non-performing loans (NPLs) are to either quit or be sacked. Adedapo…
- 22 Apr 2026
FCCPC Licenses 5 Firms for Airtime, Data Lending as Telcos Step Aside
Federal Competition and Consumer Protection Commission (FCCPC) has approved five companies to provide airtime and data lending services in Nigeria, following the suspension of such services by mobile…
- 3 Sept 2020
NDIC Seeks Strict Implementation of Fiscal, Monetary Policies
Umaru Ibrahim, managing director of the Nigeria Deposit Insurance Corporation (NDIC), has said that effective implementation of fiscal and monetary policy measures are critical towards addressing the…
- 24 Jun 2021
Winners Emerge in Zedvance-Sponsored Bookville Reading Competition
Winners have emerged in the fourth edition of the Bookville Reading Competition, organized by one of the foremost bookstores in Nigeria, Bookville World and sponsored by leading consumer finance…
- 2 Aug 2018
Paylater Loan App Reaches 1m Downloads
In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking…
- 6 Dec 2021
Ecobank Appoints Lawal Managing Director of Nigeria Subsidiary
The Ecobank Group has announced the appointment of Jubril Mobolaji Lawal as its Regional Executive and Managing Director designate of Ecobank Nigeria. The appointment was announced ahead of the…
- 29 Sept 2022
Financial Phishing Cyberattacks Significantly Increase in Kenya, Nigeria in Q2
According to Kaspersky’s Financial Cyberthreats report, attacks in the financial sector are becoming increasingly corporate-oriented and shifting away from consumers. Kaspersky Security Network data…
- 14 May 2023
FBNQuest Facilitates Transactions in Commercial Paper Programmes
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc., has continued to play a pivotal role in supporting transactions towards the growth of commercial paper issuances…
- 3 Sept 2025
Loan Sharks to Face N100m Fine for Consumer Abuse, Data Privacy Breaches
Federal Competition and Consumer Protection Commission (FCCPC) has officially issued the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations (DEON Consumer Lending…
- 19 Nov 2020
Stakeholders Seek Establishment of Cashless Lagos Scheme
The Lagos State Governor Babajide Sanwo-Olu has been urged by the Fintech professionals who spoke at the annual Lagos Fintech Week to inaugurate the Cashless Lagos scheme as part of his…
- 19 Apr 2023
CBN Fueling Inflation it Seeks to Curb - Report
Central Bank of Nigeria (CBN) continued financing of the government’s fiscal deficit is limiting the impact of its longest phase of monetary tightening since 2011 as rising money supply drives…