Nigeria is a coven of credit paradox. A trader with a decade of flawless bank transactions, consistent savings, and a clean buy-now-pay-later record becomes, to the next lender, a ghost. Every application resets her financial identity as if she is starting from scratch. Her creditworthiness, though real, is simply unmeasured and scattered across institutional silos that refuse to speak to one another. Despite a longstanding complaint about risky borrower base by Nigeria’s lenders, evidence shows that visibility, rather than risk, is the real
Nigeria is a coven of credit paradox. A trader with a decade of flawless bank transactions, consistent savings, and a clean buy-now-pay-later record becomes, to the next lender, a ghost. Every application resets her financial identity as if she is starting from scratch. Her creditworthiness, though real, is simply unmeasured and scattered across institutional silos that refuse to speak to one another. Despite a longstanding complaint
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