Source: International Business Times
An increasing number of Nigerians have turned to personal loans following reforms by President Bola Tinubu AFP Cash-strapped and in dire need of 30,000 naira (about $20), Mariam Ogundairo turned to a loan app, downloading it and registering her phone number. The money was quickly sent over but came with a 21. 6 percent interest rate, due in two weeks.
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