In the country, 85-90 per cent of enterprises are small- or micro-sized and have great difficulty getting credit, with only 40 per cent managing to do...
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The compound annual growth rate of unsecured loans by NBFCs has reached 32% from FY2017 to FY2024, propelling the share of unsecured retail loans to 14% of overall credit. This surge, driven by microfinance, personal, and SME loans, has significantly improved the market position of NBFCs in the financial sector, leading to increased regulatory oversight.
In the country, 85-90 per cent of enterprises are small- or micro-sized and have great difficulty getting credit, with only 40 per cent managing to do...
The Nigerian Electricity Regulatory Commission (NERC), has transferred regulatory oversight of the electricity market in Imo State to the State...
Ondo State governor, Lucky Aiyedatiwa, has set up a high-power committee to oversee the transition process of Benin Electricity Distribution Company...
Fidelity Bank Plc started its N127.1 billion combined rights and public offers to a rousing support from the investing public as key capital market...
The lives of Khmer people in Kiên Giang Province have been improved significantly as the province has taken various measures to support them.
RBI Governor Shaktikanta Das highlighted the importance of governance in ensuring financial sector stability. The latest financial stability report...
Crypto platform WonderFi has swallowed up several of its competitors in Canada and expects to reap the benefits. Crypto platform WonderFi has...
In a heartfelt call to The Ramsey Show, an 86-year-old woman named Joan from Jacksonville, Florida, sought financial advice as she grappled with a...
Rising nighttime temperatures are significantly impacting sleep quality and overall health. This phenomenon, driven by climate change