Tag: Finance company Koriat lawyers Koriat and co

Our clients, Acetech Finance Limited has received provisional approval of the Federal Competition and Consumer Protection Commission (“FCCPC”) as digital money lending company in Nigeria. The FCCPC approval is based on compliance with the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending, established by …

Buy now, pay later (“BNPL”) is a credit arrangement in which a loan is offered to a customer (or “buyer”) at the point of sale to enable the buyer to purchase and take immediate possession of goods/services while repayment of the loan is fixed at …

We are happy to have represented Werner Monie Ltd, a newly incorporated money lender company, in successfully securing a money lender’s certificate and licence from the Edo State Government to undertake money lending business in Edo State.  Unlike Lagos State, where the procedure for a …

Hospitality business is a flourishing business globally. According to PwC, Nigeria is one of the fastest growing hospitality markets with about 20% increase in 2018 and a projection of 12% compound annual increase in the hotel market in five years after 2018. Lagos is the …

1. Introduction The global pandemic of 2020 introduced the world to the increasing importance of digital banking and other online financial services. Thereafter, experts projected that digital banking users will rise to 3.6 Billion globally. Nigeria, for instance, recorded 3.7 Billion real-time transactions 2021, ranking …

Information technology has greatly improved not only the means of disseminating information but has also galvanized innovations in the ways products and services are delivered in the financial service industry. For instance, a new crop of business has emerged in the insurance sector acting as …

There is major development on the Corporate Affair Commission (“CAC”) online portal which sets a new tune in the registration of companies in Nigeria. The CAC portal is now linked with the National Identity Management Commission (“NIMC”) portal to enforce the use of the National …

Introduction As you commence your entrepreneurship journey into the year 2023, we thought it would be helpful to highlight some of the small and medium businesses in Nigeria which, in our view, have topmost potentials. We have compiled the list based on the frequency of …

Introduction In Rwanda, Non-Deposit Taking Lending Financial Institutions (NDFI) are legal entities that regularly and principally performs financial services in the form of non-deposit taking lending services or related financial services. Unlike other financial institutions such as Banks and micro finance institutions, they do not …

The financial sector in Ghana has grown rapidly since 2010 and continues to evolve with the aid of technology. Fintech businesses in Ghana span the insurance, agriculture, banking and investment sectors. The number of Ghanaians with access to formal financial services has equally improved considerably. …