Absa Bank Ghana

This article walks through the Central Bank Act with a focus on what it means for Nigerian lenders and credit providers.

This article breaks down how open banking is already influencing credit bureaus in Nigeria, what lenders are seeing today, and how the relationship between open banking and credit reporting is likely to evolve in the near future.

Banks used to win by size because lending rewarded scale: large banks employed armies of underwriters, maintained branches in every district, and stored customer records in costly legacy systems that slowed change and hid useful data. Small lenders could move faster in a neighbourhood or a niche, yet that speed rarely translated into wide reach […]