In everyday business environments, goods and services are exchanged, of which payments are not immediately received. Such sales are what are referred to as credit sales
17 Dec 2019
Stakeholders in Nigeria’s financial sector have canvassed that access to the right credit, and at the right price is crucial for economic emancipation and posterity of the nation.
23 Sep 2019
Experts in the nation’s insurance industry have called on Federal Government through the National Insurance Commission (NAICOM) to consider the conversion of underwriting companies that are not able to scale the recapitalisation hurdles into microinsurance underwriters.
18 Jul 2018
It is not yet over, according to the officials of the International Monetary Fund (IMF), who came to Nigeria on economic assessment, as the touted non-oil sector and consumer purchasing power were rated low, while risks against banks’ lending and interest payment on debts remain elevated. Led by the Senior Resident Representative and Mission…
30 Mar 2015
The Federal Government has unlocked a N1billion special credit line, through the National Enterprise Development Programme, for Micro, Small and Medium Enterprises and Cooperatives in Lagos State.