How to Obtain Operational Licence as a Finance Company in Nigeria

1. What is a Finance Company? Finance companies are companies licensed as sub-sector or middle tier players in the financial system to complement the roles of banks and meet the needs of micro, small and medium enterprises. A Finance Company Business means the business of providing financial services to individual consumers and to industrial, commercial, or agricultural enterprises. Please note that every company desiring to be licensed as a Finance Company shall be on a “stand alone” basis and thus be strictly limited to solely engaging in Finance Company business as defined above. In Nigeria, no proposed Finance Company shall … Continue reading How to Obtain Operational Licence as a Finance Company in Nigeria