NewsBreakNigeria
USD/NGN 1,334.42 ▴0.1%GBP/NGN 1,787.16 ▴0.4%USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,498.85 ▴0.2%JPY/NGN 8.44 ▴0.2%CAD/NGN 949.89 ▴0.2%
USD/NGN 1,334.42 ▴0.1%GBP/NGN 1,787.16 ▴0.4%USD/NGN black market ₦1,380GBP/NGN black market ₦1,845EUR/NGN 1,498.85 ▴0.2%JPY/NGN 8.44 ▴0.2%CAD/NGN 949.89 ▴0.2%

High MPR, Lack Of Collateral Force Lenders To Rethink SME Credit Models

The high Monetary Policy Rate (MPR) and the inability of most small businesses to provide collateral are forcing Nigerian lenders to rethink traditional credit models, shifting from asset-backed lending to cash-flow,…

Aggregated · originally by Leadership
18 Oct 2026, 05:30 WAT · 3 min read
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High MPR, Lack Of Collateral Force Lenders To Rethink SME Credit Models