{"id":5780,"date":"2023-03-24T15:32:10","date_gmt":"2023-03-24T15:32:10","guid":{"rendered":"https:\/\/koriatlaw.com\/?p=5780"},"modified":"2023-03-24T15:32:10","modified_gmt":"2023-03-24T15:32:10","slug":"our-client-werner-monie-ltd-successfully-obtains-money-lender-licence-in-edo-state","status":"publish","type":"post","link":"https:\/\/koriatlaw.com\/2026\/2023\/03\/24\/our-client-werner-monie-ltd-successfully-obtains-money-lender-licence-in-edo-state\/","title":{"rendered":"<strong>OUR CLIENT, WERNER MONIE LTD, SUCCESSFULLY OBTAINS MONEY LENDER LICENCE IN EDO STATE<\/strong>"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"990\" src=\"https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-1024x990.jpeg\" alt=\"\" class=\"wp-image-4970\" srcset=\"https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-1024x990.jpeg 1024w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-300x290.jpeg 300w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-768x742.jpeg 768w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-650x628.jpeg 650w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-760x734.jpeg 760w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1-370x358.jpeg 370w, https:\/\/koriatlaw.com\/2026\/wp-content\/uploads\/2022\/01\/MONEY-LENDER-1.jpeg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">We are happy to have represented Werner Monie Ltd, a newly incorporated money lender company, in successfully securing a money lender\u2019s certificate and licence from the Edo State Government to undertake money lending business in Edo State.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike Lagos State, where the procedure for a money lender\u2019s license is quite stringent, the procedure in Edo State is relatively seamless for Applicants. There is no mandatory share capital requirement for a money lenders\u2019 company in Edo State.\u00a0 See below for more information on the procedure for getting a money lender licence in Lagos State:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-koriat-law wp-block-embed-koriat-law\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/koriatlaw.com\/2026\/how-to-set-up-a-digital-lending-company-in-lagos\/\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike Lagos and Abuja, where the regulatory authorities prescribe minimum share capital of N20 Million for money lenders company, there is no such requirement in Edo State.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, the timeline for completion of the process in Edo State is relatively short.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can read more from our previous post on How to Get Money Lender Licence in Edo State below:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-koriat-law wp-block-embed-koriat-law\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/koriatlaw.com\/2026\/how-to-get-money-lenders-licence-in-benin-edo-state\/\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>We are happy to have represented Werner Monie Ltd, a newly incorporated money lender company, in successfully securing a money lender\u2019s certificate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[12,13,366,14,16,19,20,21,30,31,22],"class_list":["post-5780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications","tag-caccbnbusiness-licencecompany-registrationfinance-company-koriat-lawyers-koriat-and-coloan-agreementmicro-creditmicrofinance-lawyersmoney-lendersme-lawyers-business-lawyers","tag-cbn","tag-edostate","tag-financecompany-cbn-koriatlawyers-koriatandco-smelawyers-businesslawyers-microfinancelawyers","tag-moneylender","tag-business-licence","tag-company-registration","tag-finance-company-koriat-lawyers-koriat-and-co","tag-micro-credit","tag-microfinance-lawyers","tag-money-lender"],"_links":{"self":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts\/5780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/comments?post=5780"}],"version-history":[{"count":0,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts\/5780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/media\/4914"}],"wp:attachment":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/media?parent=5780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/categories?post=5780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/tags?post=5780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}