The Nigeria’s consumer lending is currently valued at about N1.74 trillion, according to Euromonitor International, and it is expected to double by 2026. Naturally, Nigeria is a viable place to do business. As investors are expanding into the money lending business in Nigeria, they may face different regulatory and other market entry challenges. At Koriat & Co., given our vast experience in business establishment and licensing, including processing money lending licence across Nigeria, we have taken account of some notable factors that hinder or delay regulatory approvals.  Some of these factors are largely attributable to lack of understanding of the … Continue reading TEN (10) FACTORS THAT CAUSE DELAY OR DENIAL OF MONEYLENDER’S LICENCE IN NIGERIA