Lending is a tough nut to crack, and Nigeria’s biggest banks, valued at trillions of naira, know this too well. Only 6.2% of Nigeria’s adult population had access to loans in 2019, a measure of how much banks avoid retail lending. Lending to small businesses is the same story; banks avoid it like a plague….
The post Exclusive: Techstars-backed BlackCopper set out to disrupt lending, now it owes investors ₦1 billion appeared first on Content Krush.
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