A credit partnership between Nomba, a Nigerian fintech infrastructure provider, and Globus Bank is drawing attention to a different approach to business lending in Nigeria, after both firms reported a non-performing loan (NPL) ratio below 1 percent on N21.3 billion disbursed to merchants across key sectors of the economy. The portfolio, deployed over 18 months, […]
read more Nomba, Globus Bank test new SME lending model with N21.3bn portfolio