30 results
- 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…
- 20 Nov 2019
Fintechs Dangle Loans Online without Collateral
A growing number of Nigerians are now getting loans to meet their daily financial needs, thanks to the boom in financial technology industry. Whether it’s a personal loan, medical loan, rent…
- 6 Nov 2023
FCCPC Says Licensed Digital Lenders now 211
The number of digital lenders licensed to operate in Nigeria has risen to 211, according to new data from the Federal Competition and Consumer Protection Commission (FCCPC) Pic credit: stears.co Of…
- 15 Feb 2023
Sterling Bank, Credit Café Ink MoU on Credit Facility to Customers in Health, Education Sectors
Sterling Bank Plc has signed a partnership agreement with Credit Café Africa for the distribution of a credit facility template, insurance and other value-added services for existing and potential…
- 15 Jun 2009
Intercontinental Bank Launches “FinnOne”
To further strengthen its credit risk management profile, Intercontinental Bank Plc has deployed a credit administration enterprise solution called “FinnOne” The software is expected to…
- 29 Oct 2018
Nigerians Besiege Online Loan Companies for Cash Without Collateral
Small business loans help entrepreneurs meet financial obligations. However, lenders often require that you put down property as security for repayments, according to invoice.ng Not every…
- 7 Mar 2019
Bridging the ‘Access to Loan Gap’ for Nigerian SMEs
By Adeniyi Ogunfowoke, One of the biggest challenges that many Small and Medium Scale Enterprises encounter in emerging economies like Nigeria is access to funding and capital. Majority of them…
- 20 Jun 2025
Bank Customers Petition CBN over Illegal Deductions, Demand Action
Bank Customers Association of Nigeria (BCAN) has written to the Central Bank of Nigeria (CBN) seeking urgent intervention over what it describes as persistent and unauthorized charges being deducted…
- 17 Apr 2020
GTBank Gives 90-Day Moratorium on SMEs Loans
Guaranty Trust Bank has placed a hold on its loan repayment plan for all Small and Medium Enterprises (SMEs) that have obtained credit facilities from the bank. According to the bank, this is to…
- 4 Apr 2019
Ecobank Extends EcobankPay Zone to South East Market
Ecobank Nigeria has extended its digital product, EcobankPay Zone to the South East market with a launch at the popular Ariaria Market, Aba. Patrick Akinwuntan, Managing Director, Ecobank Nigeria,…
- 17 May 2026
Lagos Sanctions 15 Money Lending Firms for Operational Violations
Lagos State Government has sanctioned 15 money lending firms over violations of operational guidelines and practices considered harmful to residents. Ibrahim Layode, commissioner for Home Affairs,…
- 7 Nov 2021
Sterling Bank, Coscharis Motors Partner on E-Commerce, Vehicle Finance
Coscharis Motors Plc has partnered Sterling Bank towards on-boarding its vehicles on the bank’s non-Interest Banking Division platform- AltDrive. The objective is to ease the road to ownership via…
- 20 Jan 2022
P2Vest, Nigerian Fintech Firm Records 100,000 Users on its Platform
P2vest Technology Limited, on Thursday announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to quick loans. Austin Abolusoro, founder and CEO, P2vest…
- 13 Nov 2024
Here are Six Ways You Should Use MoMo PSB for Seamless Transactions
In today’s fast-paced digital world, Mobile Money (MoMo) services have become essential for managing financial transactions conveniently and securely. MTN’s MoMo service offers a plethora of features…
- 17 Sept 2020
Mastercard, NetPlusDotCom and Innovectives Partner to Provide Digital Payments to 1 Million MSMEs
Mastercard, NetPlusDotCom and Innovectives have announced a milestone in their partnership to provide micro, small and medium-sized enterprises (MSMEs) in Nigeria with digital payment tools to…
- 17 May 2020
UBA Upgrades Mobile App, Introduces New Features for Customers
United Bank for Africa (UBA) Plc, Pan African financial institution, has upgraded its mobile banking application, introducing lots of exciting and interactive features to aid banking, whilst allowing…
- 28 Apr 2022
Azentio wins ‘Excellence In Digital Banking Solutions’ Award
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Excellence In Digital Banking Solutions’ Award at…
- 17 May 2010
Subscribers Commend Glo Talkmore
Globacom has been lauded by subscribers for crashing call rates to 30 kobo per second on its Talkmore package. Mr. Eugene Eboka, who runs a manufacturing concern in Lagos, while on a business…
- 6 Apr 2024
See Full List of Fake Loan Apps Blacklisted By CBN
Central Bank of Nigeria (CBN) has taken decisive action against fraudulent financial practices by blacklisting several fake loan applications that have been exploiting unsuspecting Nigerians. These…
- 7 Apr 2015
UPS Capital Showcases Supply Chain Financial, Insurance & Payment Services
UPS Capital®, a subsidiary of UPS®, which provides supply chain financial, insurance and payment services, announced the launch of its new website, www.upscapital.com. The new website gives…
- 22 Mar 2017
Banks Becoming Less Resilient- CBN
Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday said that the adverse macroeconomic environment, which had led to massive job losses and declining profitability, was…
- 13 Sept 2019
QuickCheck Boosts Financial Inclusion with New App
QuickCheck, an online banking and micro-lending platform that provides collateral-free loans, has launched a new app to improve financial inclusion among Nigerians, while also educating borrowers…
- 18 Jun 2012
Orange Money Hits 4m Customers Mark, Launches in Jordan & Mauritius
Orange Money has reached the threshold of 4 million customers in Africa and the Middle East and celebrates its commercial launch in Jordan and Mauritius. These two additional countries mean that the…
- 17 Jun 2026
AI-Powered Loan Recovery Pilot Rakes in N69m for VeendHQ
VeendHQ has said that its AI-powered credit platform, Vida AI, helped recover N69 million from a N172.5 million portfolio of loans that were more than 90 days overdue, in a pilot that highlights the…
- 11 Jun 2012
Aero Adds Another Sales Channel
Aero, the leading e-airline in West Africa has been added to Wakanow travel portal. The additional distribution means increasing the airline’s sales channels. This platform will enable Aero…
- 29 Aug 2025
FirstBank’s ₦1 Trillion Digital Lending Milestone: A New Era of Inclusive Finance
For decades, Nigeria's credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals,…
- 5 May 2017
Kudi Capital Launches Online Lending Portal
Kudi Capital Management Ltd has announced the public launch of Kudimoney.com a fully licensed online lending platform offering unsecured personal loans to consumers in Nigeria. At kudimoney.com,…
- 8 Jan 2026
Pawnith Appoints Martina Ogbebor as Managing Director to Lead Strategic Launch into Nigeria’s Fintech Ecosystem
The Board of Directors of Pawnith Limited has announced the appointment of Martina Ogbebor as Managing Director and Chief Executive Officer. The appointment coincides with the official launch of…
- 16 Sept 2015
IBM Unleashes CoreBot for Front Line Banking Trojan
IBM's X-Force research team has disclosed that the recently discovered CoreBot malware has lived up to its earlier warnings quickly transforming into a full-fledged banking Trojan CoreBot, reported…
- 18 Nov 2025
A dangerous Concentration of Power: Is CBN’s Fixed Income Securities Takeover a Ticking Bomb for Nigeria’s Economy?
By Blaise Udunze The Central Bank of Nigeria’s decision to take full control of government securities issuance has been described by some as a bold move toward transparency and market efficiency.…