Tag Archives: credit in nigeria

  • OCEN in Nigeria

    Does Nigeria need OCEN to boost credit?

    In a nation where over 41 million Micro, Small, and Medium Enterprises (MSMEs) contribute nearly half of the GDP, it’s perplexing that less than 11% have access to formal credit. In 2016, the Central Bank of Nigeria established the National Collateral Registry to enhance credit access by allowing movable assets as collateral. In 2017, it …

    More