N20bn Consumer Credit Fund Announced by CREDICORP, NADDC for Local Automobiles

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The first phase of a consumer credit facility that will allow Nigerians to buy domestically produced cars has been launched by the National Automotive...

Nigerians clear N4.05trn in personal loans within three Months

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Due to the high interest rates on their debts, Nigerians' personal loan balances with commercial banks decreased from N7.52 trillion in the first quarter...

CREDICORP: 151 Financial Institutions Shows Interest Before Credit Disbursements

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CREDICORP: 151 Financial Institutions Shows Interest Before Credit Disbursements By Ifeoma Ikem As the recently established Nigeria Consumer Credit Corporation (CREDICORP) advances towards disbursement of consumer...