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…
- 13 Aug 2019
Score Launched to Help Nigerians Borrow, Payback Loans
CRC Credit Bureau, in partnership with Fair Isaac Corporation (FICO), an America company, has developed a unique credit rating system, Score, that helps lenders make quick and informed credit…
- 14 Oct 2013
Oando Receives $815m Credit for ConocoPhillips Buyout
Oando Inc., pan-African energy corporation, says it has received credit facility offers of up to $815 million for the buyout of ConocoPhillips’ $1.790 billion worth Nigerian onshore assets. The…
- 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…
- 4 Aug 2008
Etisalat Get Strong Rating from Standard & Poor’s and Fitch
Following its recent ranking as the fastest growing telecommunications company in the world, Etisalat has received yet another recognition with its inaugural international corporate credit ratings…
- 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…
- 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…
- 7 Jul 2013
Standard & Poor Lowers Nokia's Ratings on NSN Buyout
Standard & Poor's Ratings Services has lowered Nokia's long-term debt rating to 'B+' from 'BB-' and affirmed its 'B' short-term corporate credit rating. The outlook is stable. ¬The rating action…
- 17 Nov 2009
Fidelity Bank Signs On Creditquest
Fidelity Bank Plc has acquired Creditquest, a credit risk and portfolio management software in its drive to install optimum-functionality and cutting edge risk management systems. Sunday Ebong, head,…
- 21 Apr 2024
First Bank Comfirms Appointment of Olusegun Alebiosu as Acting MD/CEO
Board of Directors of First Bank has appointed Olusegun Alebiosu as its acting managing director. Mr Alebiosu has been the bank’s executive director/chief risk officer since 2022. He has been in the…
- 30 Nov 2009
Risk Management: Fidelity Bank Acquires Creditquest
Fidelity Bank Plc has acquired the globally recognized and respected credit risk and portfolio management software known as Creditquest. A release by the bank stated that this followed a rigorous…
- 20 Oct 2022
Why More Corporate Bodies Should Invest in Infrastructure - Tobechukwu Okigbo
Following the Federal Government's approval of MTN's N202.8 billion reconstruction of the Onitsha-Enugu expressway through its Road Infrastructure Tax Credit (RITC) scheme, the Chief Corporate…
- 12 Dec 2022
FSDH, IFC to Boost Businesses with $33m Facility
The International Finance Corporation (IFC), has approved a credit facility totalling $35 million in partnership with FSDH Merchant Bank to be used to improve access to finance for medium-scale…
- 1 Jan 2025
FG Plans New Firm Expand Credit Access to Nigerians
Federal government will establish a national credit guarantee company in May to lend to businesses and individuals, according to President Bola Tinubu. Bola Tinubu Tinubu in an speech on Wednesday,…
- 16 Dec 2019
Agusto and Co Announces Retirement of Vivien Shobo Its Chief Executive Officer
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the retirement of its Chief Executive Officer - Vivien Shobo, effective 31 December 2019. Vivien Shobo Following over two…
- 4 Mar 2014
AFC Gets First International Credit Rating Moody’s Aassigns A3/P-2
The Africa Finance Corporation (AFC) a multilateral development financial institution headquartered in Lagos, has secured its first International credit rating from Moody’s Investors Service…
- 23 Aug 2018
CBN Floats New Corporate Bond Issuance Programme
Central Bank of Nigeria (CBN) has floated a new corporate bond issuance programme. The issuance of the corporate bonds will support a long-term credit facility to Nigeria’s agriculture and…
- 7 Feb 2024
BoI, IFC Partner to Enhance Finance Accessibility, Export Credit
The Bank of Industry (BoI) and the International Finance Corporation (IFC) have partnered to enhance the accessibility of finance and export credit, contributing to the advancement of Nigeria’s…
- 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…
- 31 Mar 2019
Keystone Bank Appoints Abubakar Danlami Sule as Acting MD/CEO
Keystone bank has announced the resignation of Mr. Obeahon Ohiwerei from office as Managing Director/CEO of the Bank, and the appointment of Mr. Abubakar Danlami Sule as Acting Managing Director/CEO.…
- 26 Sept 2024
Moody’s Affirms AFC’s A3 Rating with a Change from Negative to Stable Outlook
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that it has received an uplift to its credit ratings outlook from Moody’s Investors…
- 27 Feb 2025
FIRSTHOLDCO: Reinforcing ESG, Sustainability Initiatives As It Rebrands
By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to…
- 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…
- 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…
- 26 Nov 2019
Tony Elumelu to Receive NPOM Award from FG
Tony O. Elumelu, founder of The Tony Elumelu Foundation (TEF) and chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of…
- 1 Apr 2024
Afreximbank, Sterling to Offer Supply Chain Finance in Nigeria
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce ‘Payables Finance’, a supply chain finance product in Nigeria. This product, branded as ‘Afreximbank Tradelink,’…
- 18 Jan 2010
National ID Card Becomes Criteria for Bank Loans
The Central Bank of Nigeria (CBN) is to make the national identification card amongst others, a criteria for accessing bank loans to further strengthen credit control and forestall the recurrence of…
- 9 Jul 2026
Study Reveals How Moniepoint is Powering Nigeria's $11Bn Food Service Sector
A new case study by Moniepoint Inc., Africa's all-in-one financial ecosystem platform for individuals, businesses and their customers, traces four decades of Nigeria's food service industry and…
- 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…
- 23 Mar 2026
DLM SPV PLC Lists ₦9.00bn AAA-Rated Medium-Term Notes on FMDQ Exchange, Sets Benchmark in Corporate Bond Market
FMDQ Securities Exchange Limited ( “FMDQ Exchange” or “the Exchange” ) has approved the listing of DLM SPV PLC’s ₦7.30 billion Series 1 (Tranche A) and ₦1.70 billion Series 3 (Tranche B) Plain…