Lending money to receive interest on payback is considered illegal [...]
In a bid to curb the spread of corona virus [...]
A creditor bank can recover the principal sum, which is the loan amount or the total sum granted or disbursed to the borrower, as well as the accrued interest on the loan, stated in the loan agreement.
Microfinance is an array of financial services, including loans, savings [...]
There is currently a growing practice of trading goods and [...]
Nigeria is currently abuzz with the news that the Federal High Court has granted the Federal Government an interim order directing commercial banks to freeze any and all bank accounts without Bank Verification Numbers (BVN) including individuals, corporate bodies and government agencies and publish the names and details of the customers