Life is unpredictable. Quite often, there are difficult situations when you urgently need money, and it is good if there is always an opportunity to get it. Under such conditions, life is much more ...
In Nigeria’s fast-growing digital lending space, trust is everything. With dozens of loan apps flooding the market, many users have fallen victim to unlicensed platforms that exploit borrowers with ...
With Nigeria’s economic crisis unlikely to ease soon, more young people may find themselves trapped in the cycle of debt and harassment. A frustrated young Nigerian scrolling through her phone — ...
Government loans are financial assistance programs that help students pay for tuition, books, and other educational expenses. Unlike loan apps in Nigeria, these loans are offered by federal and state ...
Mariam Ogundairo's experience highlights a common issue: predatory loan apps. She borrowed ₦30,000 (about twenty dollars) and was charged 21.6% interest, due in two weeks. When she couldn't repay the ...
The number of companies officially registered as digital lenders, popularly known as loan apps, has surged in the past months, ...