Consumer Credit Scheme
24 Sep
Accion Microfinance Bank (MfB) and CrediCorp have partnered to launch a consumer credit scheme nationwide. The scheme, which commences this month, will serve the interest of middle-income earners. The partnership seeks to provide accessible and affordable credit to over 15,000 middle-income earners, contributing to improved financial inclusion in Nigeria. With a focus on affordability, the…
19 May 2024
Security is equally a challenge that shakes the entire financial system to its foundation. Robbery, kidnapping, vandalism and other terrorism-related vices make their inroads into the system daily and further challenge the development of the financial system.
17 May 2024
To concretise the initiative, N100 billion has been earmarked for the take off of the first phase. According to available reports, the phase one of the scheme would kick off with the civil service. Thereafter, its cascading effect shall be felt by other segments of the Nigerian public.
25 Apr 2024
President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme, commencing with civil servants.
24 Apr 2024
President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on Media and Publicity, on Wednesday in Abuja. The News Agency of Nigeria (NAN) reports that…