13 Apr 2016

Uncategorized
CREDIT BUREAUS in Nigeria: Fact Sheet A formal recognition of Credit Bureaus started in Nigeria in 2008 when the Central Bank of Nigeria (CBN) issued guidelines officially on their licensing and operations. Three Credit Bureaus were licensed in 2008: CRC Credit Bureau Limited, CR Services Credit Bureau Plc and XDS Credit Bureau Limited. The CBN supported the credit bure...
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13 Apr 2016

News
The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four percent for 2018. In its 2018 Economic Outlook released on Friday in Lagos, the LCCI also forecast an inflation rate of 13 percent for the country next year. The Chamber said that the fundamentals of the economy were improving with numerous opportunit...
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13 Apr 2016

Uncategorized
While intensifying efforts to improve access to finance, especially among Small and Medium Enterprises (SMEs), the Central Bank of Nigeria (CBN), and other stakeholders have advocated a credible credit reporting system to mitigate the risks of rising non-performing loans (NPLs) in the financial system. Credit reporting, a tracking of individual and corporate loans in Nigeria’s financi...
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13 Apr 2016

Uncategorized
Access to credit from banks and other credit institutions has remained one of the main challenges hampering the growth and development of businesses in Nigeria, despite the recent leap of the country on the World Bank’s Ease of Doing Business Index. Players in the nation’s economy have been lamenting the situation, which has severely impacted on the nation’s real sector, which ought to ...
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11 Apr 2016

Uncategorized
Spring is starting to show through here in our hometown of Las Vegas. We’re in the midst of trade show season and companies from a host of different industries are visiting the city to promote their offerings and vie for future business. The sales-verse is inhabited by better-educated customers these days, and we have innovations meant to streamline the getting and keeping of business...
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