CREDIT – InfoStride News

Banks: Bad loans rise after CBN ends forbearance

Temitope Nlewemchi — Sun, 07 Jun 2026 22:08:18 +0000

Nigeria’s banking sector is witnessing a rise in non-performing loans (NPLs), commonly referred to as bad loans, following the expiration of regulatory forbearance measures introduced by the Central Bank of Nigeria (CBN) to support borrowers and financial institutions during periods of economic stress. Industry analysts say the development reflects the challenges facing businesses and individuals [...]

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Court stops telcos from suspending airtime credit services

Temitope Nlewemchi — Tue, 12 May 2026 15:07:54 +0000

A court has reportedly restrained telecommunications companies from suspending airtime credit services, a decision that could have significant implications for Nigeria’s telecom sector, digital financial services ecosystem, and millions of mobile subscribers who rely on borrowed airtime for communication and data access. The ruling follows growing disputes surrounding the operation of airtime credit systems, which [...]

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Credit Direct, vivo unveil new smartphone financing

Temitope Nlewemchi — Wed, 06 May 2026 09:02:20 +0000

In a move aimed at expanding access to consumer technology, Credit Direct Limited has partnered with vivo to introduce a new smartphone financing scheme in Nigeria. The initiative is designed to enable individuals to acquire mobile devices through flexible payment plans, reducing the financial burden associated with upfront purchases. The collaboration reflects a growing trend [...]

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IMF Approves Extended Credit Release Of $212m To Congo — Executive Board

Ifeanyi Nwagboso — Fri, 17 Dec 2021 15:17:07 +0000

The International Monetary Fund (IMF)’s Executive Board has approved the immediate release of more than $212 million to back up the international reserves of the Democratic Republic of Congo (DRC), formerly Zaire, the fund announced in a press release. “The conclusion of the first review under the ECF [Extended Credit Facility] arrangement enables the immediate [...]

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Shatta Wale Earns First Grammys Credit

David Folami — Fri, 22 Nov 2019 08:04:30 +0000

Ghanaian singer, Shatta Wale has earned his first-ever Grammys credit for the 2020 edition. His feature on Beyoncé’s acclaimed “The Lion King: The Gift” album made this happen as his name was on The Recording Academy’s nomination list which was released Wednesday, November 20. Shatta Wale’s effort on track 19 – “Already” – with Major [...]

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Klopp Should Be Given Credit For Buying Salah – Steven Gerrard

David Folami — Wed, 08 Nov 2017 04:56:48 +0000

Steven Gerrard believes Mohamed Salah has been Liverpool’s best player this season “by a mile.” “As a fan, I watched him at Chelsea and it didn’t really take off for him,” he said. “Of course he hit top form at Roma but you’re thinking: ‘Is he a player suited to the Premier League?’ “And when [...]

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Credit Must Be Given To PDP’s Caretaker Committee – Onyema Ugochukwu

David Folami — Tue, 24 Oct 2017 17:54:30 +0000

Onyema Ugochukwu, the former special adviser on communication to ex-president Olusegun Obasanjo, said Nigerians are desirous of seeing the Peoples Democratic Party (PDP) return to power in 2019. Ugochukwu who was the former chairman of the Niger Delta Development Commission (NDDC), added that PDP remained the only party that could put a stop to the [...]

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Eedris Abdulkareem Takes Credit For Don Jazzy Success

David Folami — Thu, 23 Mar 2017 08:35:03 +0000

Eedris Abdulkareem believes that the success of the new generation artistes can be traced to sacrifices made by veteran acts like himself. The rapper says that celebrities like Don Jazzy, amongst others, only made money because of their efforts. He said this during an interview with Hip TV, adding that the Mavins boss had been [...]

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Man Utd Don’t Get Enough Credit – Mourinho

David Folami — Mon, 13 Feb 2017 02:05:47 +0000

Manchester United manager Jose Mourinho claims his side’s attacking efforts would be hailed more if someone else was in charge at Old Trafford. United completely outplayed Watford in Saturday’s 2-0 Premier League win as goals from Juan Mata and Anthony Martial took Mourinho’s men to within a point of the Champions League places. Their display [...]

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Rooney Deserves More Credit – Gerrard

David Folami — Mon, 27 Jun 2016 09:04:58 +0000

England captain Wayne Rooney deserves more plaudits for adapting to a central midfield role, according to his predecessor Steven Gerrard. Rooney has evolved from an out-and-out striker into a deeper lying playmaker over the last year and proved effective in his new position during England’s run to the European Championship knockout stages. However, Gerrard believes [...]

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Pep Guardiola Remember Johan Cruyff

David Folami — Sat, 26 Mar 2016 15:19:56 +0000

Pep Guardiola believes Johan Cruyff’s legacy at Barcelona and across the wider football world is incomparable. Former Ajax, Barca and Netherlands great Cruyff died on Thursday at the age of 68, following a battle with lung cancer. Viewed by many as the finest European player of all time, Cruyff went on to coach Barcelona to [...]

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Switzerland-based Company Names 12 Nigerians In Africa’s 50 Movers and Shakers | #NigeriaNews

Wale Adebayo — Thu, 06 Aug 2015 19:30:17 +0000

World-leading financial services company, Credit Suisse has named 12 Nigerians as part of its 50 Movers and Shakers on the continent. “These 50 people personify modern Africa: entrepreneurs and artists, athletes, politicians and activists,” Credit Suisse said in a report. Popular bloggers Linda Ikeji and Japhet Omojuwa made the list that had Nobel laureate Prof [...]

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Micro Credit Manager Job at Zedcrest Capital Limited

Adewale A. — Tue, 26 Nov 2013 14:43:00 +0000

Job Title: Micro Credit Manager Location: Lagos, Nigeria Employer: Zedcrest Capital Limited The Job: The Credit Manager will be responsible for overseeing the overall credit management function of the organization and management of the credit control team. Duties include: • Managing the credit management function and overseeing the credit control function • Champion the business [...]

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Credit Controller Job at Sunnet Systems and Datacoms Services Limited

Adewale A. — Sat, 23 Nov 2013 22:44:00 +0000

Job Title: Credit Controller Location: Nigeria Employer: Sunnet Systems and Datacoms Services Limited (Sunnet Systems Ltd) Job description: The Credit Controller is responsible for chasing outstanding invoices to the company and plays a vital role in the cash-flow of the organisation ensuring credit given to customers is monitored and controlled effectively. Duties include: • Chasing [...]

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