Types Of Credit Facilities Provided By Banks In Nigeria
Banks in Nigeria offer a variety of credit facilities to individuals and businesses. These facilities can be broadly classified into…
Banks in Nigeria offer a variety of credit facilities to individuals and businesses. These facilities can be broadly classified into…
Hire purchase, also known as installment plan, is a type of financing arrangement where the buyer pays for a good…
A cash advance is a short-term loan that you can get from your credit card company. It allows you to…
Loan syndication is the process of multiple lenders coming together to provide a large loan to a single borrower. This…
Kickstarter Nigeria is a platform that allows creative people to raise money for their projects. It is a peer-to-peer funding…
A business loan is a type of loan that is specifically designed for businesses. It can be used to finance…
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria. It was established by…
A travel loan is a type of personal loan that is specifically designed to help people finance their travel expenses….
Lenco is a digital-only bank that provides current accounts for businesses in Nigeria. It was founded in 2021 by Solomon…
Fina Trust Microfinance Bank is a member of LOLC Group with corporate headquarters in Colombo, Sri Lanka. It is one…
The National Microfinance Bank (NMFB), now known as NIRSAL Microfinance Bank, is a financial institution in Nigeria that provides microfinance…
The Bank of Industry (BOI) Intervention Funds are a set of financial products designed to support the growth and development…
Wema Bank Plc is a Nigerian commercial bank. It is licensed by the Central Bank of Nigeria; the regulator of…
A credit note, also known as a credit memo, is a document issued by a seller to a buyer to…
Mkobo Microfinance Bank is a digital bank licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria…
Evolve Credit is a cloud-based lending platform that helps lenders, businesses, and other credit institutions to manage the entire lending…
A loan shark is an unlicensed moneylender who typically charges exorbitant interest rates and uses threats of violence or other…
An emergency loan is a type of loan that is designed to provide quick access to cash for unexpected expenses….
Real estate developer loans are loans that are specifically designed to help real estate developers finance their projects. These loans…
A debit card is a payment card that allows users to access funds in their bank account to make purchases….
Rent loans in Nigeria are a type of personal loan that is specifically designed to help people cover their rent…
Sendcash is a money transfer service that allows you to send money to Nigeria from anywhere in the world. You…
ReadyCash is a mobile money service in Nigeria that allows customers to send and receive money, pay bills, buy airtime,…
A loan calculator is a financial tool that helps you estimate your monthly loan payments based on the loan amount,…
Non-salary earners are people who do not receive a salary as their primary source of income. This could include people…