13 Apr 2016

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...

13 Apr 2016

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...