Naijaloanapps
Our current studies show Nigeria has recently been seeing an alarming rise in loan defaults dating from a few years back. It’s funny enough to note that banks recorded the rate of non-performing loans at the rate of ₦1.21 trillion as of March 2022 and it is a cumulative of 5.7% of total loans from … Read more
A combination that was driven by economic challenges and the increasing demand for accessible credit caused the rise of loan apps in Nigeria to be so effective. Do you know that as of May 2024, the number of approved digital loan lenders in Nigeria witnessed a spike of over 64%, that is from the previous … Read more
Currently, there is a serious investigation going on that involves over 400 data privacy breach cases related to loan apps that’s a huge one. some digital lenders might have employed some bad debt recovery methods, which have led to the delisting of 47 lenders from the Google Play Store and have placed 88 others on a … Read more
Would Opay borrow me money many have asked this same question countless times in different ways. My dear let me tell you, the true fact is that Opay is out for business they have just this strong zeal to make money off the Naija market. Recent research from my team showed that Opay’s recent valuation … Read more
During my childhood days I had insecurity issues about my savings, I felt my savings box might be tampered with by someone and clean up my little savings. I was not wrong anyway things do happen even when and where you least expect it to happen, well I will leave this story for some other … Read more