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Tag "Collateral"

CBN: Corporate loan defaults worsened for small businesses in Q4

    CBN: Corporate loan defaults worsened for small businesses in Q4

The Central Bank of Nigeria (CBN) says the rate of default on collateral loans worsened in the fourth quarter of 2020. This is contained in a report released by the

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Collateral is the ‘missing link’ between SMEs and banks

    Collateral is the ‘missing link’ between SMEs and banks

A study on financial literacy in Nigeria has identified collateral as the missing link between small-scale business and the financial institutions. The outcome of a survey conducted by the Central

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