Tag: Digital loan

FirstBank’s ₦1trn digital loan disbursement milestone and th new era of inclusive lending in Nigeria

    For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped[Read More…]