Tag Archives: generator as collateral for bank loan

Osinbajo signs new laws to allow Nigerians use freezer, generator as collateral for bank loan

Acting President Yemi Osinbajo has signed two new laws that would help facilitate access to more affordable credit facilities for businesses in the country. In a statement on Tuesday, Laolu Akande, Osinbajo’s spokesman, listed the acts to include the Secured Transactions in Movable Assets Act, 2017 (otherwise known as Collateral Registry Act) and the Credit […]

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