News Nigeria Credit: At the altar of price stability: Credit, growth and the CBN’s balancing act
Let us begin from first principles. The CBN Act assigns the Bank responsibility for monetary and price stability, and that priority...
News Nigeria Credit: Nigeria’s credit rating upgrade: The road to ‘A’ remains long
Standard & Poor’s decision to upgrade Nigeria’s sovereign credit rating from B- to B, with a stable outlook, marks one of the most significant endorsements of the country’s economic reforms in over a ...
News Nigeria Credit: Nigerian credit-led fintech FairMoney acquires PayForce in retail-merchant banking play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce), a merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants. As part of the deal, CrowdForce CEO Oluwatomi Ayorinde joins FairMoney, where he will head the company’s payments business unit: PayForce by FairMoney.
News Nigeria Credit: Nigeria: Private Sector Credit Down 2.8 Percent Yoy to N75.24trn As Lending Weakens
Credit to Nigeria's private sector declined by about 2.8 per cent year-on-year to N75.24 trillion in January 2026, reflecting softer lending conditions to businesses and households amid tight financial conditions.
News Nigeria Credit: Investors rush in amid Nigeria’s drive to shake up bond markets
Nigeria’s reforms to devalue the naira have unleashed a rush by international investors to lend to the country’s government in its own currency over the past year. The investors — along with Nigeria’s ...
News Nigeria Credit: Canadian Fintech Launches in Nigeria, Plans Credit Assessment Infrastructure
Emma Okonji Canadian Fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets. Focused on improving ...
News Nigeria Credit: Canadian fintech Periculum, officially launches in Nigeria, set to build credit assessment infrastructure for Africa
For context, credit to the private sector in Nigeria is about 12 percent of GDP, lower than South Africa’s 129 percent and Malaysia’s 134 percent. High ratios of credit to the private sector in these ...
News Nigeria Credit: Nigeria, others need domestic credit to stimulate real economic growth – Periculum founder
Nigeria and other developing nations in Africa need domestic credit to stimulate real economic growth and this is not only ...
