lending -

Cyber Security Authority warns public against subscribing to Digital Lending Mobile Apps

Aziboat2 years ago02 mins

[ad_1] The Cyber Security Authority has warned the public against subscribing to Digital Lending Mobile Apps. This follows a recent surge in cyberbullying incidents linked to these applications. The Cybersecurity Authority added that it has received 130 reports of such cases this year. The authority in a statement, described the modus operandi of these persons…

Average lending rate remains within 31% bracket

Aziboat2 years ago03 mins

[ad_1] Dr. Ernest Addison, Governor of BoG Average lending rate continue to remain within the 31% bracket after falling from a high of 35.8% in January 2023 to 31.15% in June 2023. This is equivalent to an average of 2.583% per month on loans charged by the banks. According to data from the Bank of…