A non-performing loan (NPL) is a loan that is in default ( loan default is the failure to meet the legal obligations (or conditions) of a loan) or close to being in default. In Nigeria Non…
Long-term loans are structured to be paid back after 3 years or more while medium-term loans are structured to last more than one year and…
Overview Over the years, loan facilities from financial institutions have mostly been enjoyed by large corporations while the Micro, Small and Medium Scale Enterprises…
Small and Medium Enterprises (SMEs) are entities with asset base of N5 million and not more than N500 million excluding land and buildings with…