Stakeholders emphasise NIN for boosting consumer credit in Nigeria

Tribune Online
Stakeholders emphasise NIN for boosting consumer credit in Nigeria

A lack of unique individual identification has hurt the growth of Nigeria’s domestic credit market. Lending institutions have shifted from extending retail credit to a market where individuals could remain relatively anonymous. However, this may be about to change as financial sector stakeholders move towards a consensus on using National Identity Numbers (NINs) as unique […]

Stakeholders emphasise NIN for boosting consumer credit in Nigeria
Tribune Online

​Tribune Online
Stakeholders emphasise NIN for boosting consumer credit in Nigeria
A lack of unique individual identification has hurt the growth of Nigeria’s domestic credit market. Lending institutions have shifted from extending retail credit to a market where individuals could remain relatively anonymous. However, this may be about to change as financial sector stakeholders move towards a consensus on using National Identity Numbers (NINs) as unique
Stakeholders emphasise NIN for boosting consumer credit in Nigeria
Tribune Online