HOW TO SET UP A DIGITAL LENDING COMPANY IN LAGOS

Introduction Nigeria has about 220 Million population with about 210 Million active mobile phone users, according to the Nigerian Communications Commission, and by 2050, the nation’s population is estimated to rise to 400 Million. As of June 2022, Nigeria hit 44.30% of broadband penetration with over 84 Million Internet Users which is projected to experience 60% growth by 2027. According to Mastercard, 91% of Nigerians use digital channels for financial transactions including lending, payment, investment and related services.   The above, when juxtaposed with the recent Google’s investment in subsea cables in Nigeria, is a boost for building a digital … Continue reading HOW TO SET UP A DIGITAL LENDING COMPANY IN LAGOS