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The NECAS Loan is a loan program offered by the Central Bank of Nigeria (CBN) through its Anchor Borrowers’ Programme…
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AMCON was created by an Act of the National Assembly in response to the 2009 banking crisis in Nigeria. The…
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A home equity loan is a type of loan that uses the equity in your home as collateral. Equity is…
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Loan scams are a type of financial fraud in which the scammer promises to provide a loan but then either…
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MarketMoni is a government-backed loan scheme that provides collateral-free loans of N50,000 (~$125) to petty traders in Nigeria. The scheme…
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CredPal is a financial technology company that provides access to credit to consumers in Nigeria. It allows users to make…
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Skystone Capital and Investment Limited is a financial services and business consulting firm operating under the license of the Central…
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Lagos State Employment Trust Fund (LSETF) is a government agency established to provide financial support to residents of Lagos State…
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Moneymie is a digital bank and transaction platform that offers USD payments, international wire transfers, and mobile apps services. It…
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A debenture is a long-term debt instrument that is not secured by any specific assets. Instead, the borrower’s promise to…
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SUSU Microfinance Bank Limited is a private sector microfinance bank licensed by the Central Bank of Nigeria (CBN). It was…
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A loan extension is a written agreement between a borrower and lender that indicates the postponement of a loan’s maturity…
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Addosser Microfinance Bank Limited is a leading microfinance bank in Nigeria that was founded in 2008. The bank is headquartered…
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An immediate cash loan is a type of short-term loan that can be approved and disbursed quickly, often within 24…
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Mainstreet Microfinance Bank (MFB) is a private limited liability company incorporated in November 2008 and licensed by the Central Bank…
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Mononucleosis, also known as mono, is an infectious disease caused by the Epstein-Barr virus (EBV). EBV is a type of…
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A creditor is a person or organization that is owed money. In accounting, a creditor is someone who has provided…
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Schoolable is a fintech company that provides access to affordable finance in the private school system in Africa. The company…
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An unsecured loan is a type of loan that does not require the borrower to pledge any collateral. This means…
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Corebank is a digital banking platform that provides Nigerians with retail financial services digitally. It is owned by Corestep Microfinance…
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Glade is a financial technology company that provides banking services for small businesses, freelancers, and startups in Africa. The company…
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A bank loan is a type of loan that is offered by a bank to individuals or businesses. Bank loans…
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Ibile Microfinance Bank is a microfinance bank licensed by the Central Bank of Nigeria (CBN) to provide financial services to…
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Having no credit means that you have never borrowed money or opened a credit account that reports to the credit…
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The loan system in Nigeria is regulated by the Central Bank of Nigeria (CBN). The CBN sets the interest rates…
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