Experts caution as more Nigerians turn to fintech, digital lending platforms for financial assistance

Nigerian Tribune | 26-10-2026 09:56am |

Says digital lending style of loan recovery unfriendly for businesses Economic and financial experts have cautioned Nigerians against seeking financial assistance from Fintech and digital lending platforms due to stringent repayment conditions. The analysts noted that digital lending and fintech loan costs in the country feature high baseline interest rates, often ranging from 12 percent

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