Category: Finance
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The Power of Data-Driven Lending: How Financial Analytics Streamline the Loan Process
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Data-driven lending is changing the traditional loan approval process by employing sophisticated analytics to streamline workflows and offer more tailored financial solutions. Instead of relying solely on credit scores and income data, lenders can now evaluate borrowers using a broader array of information. This includes spending habits, online behavior, and…
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Influence of the Nigerian Economy on Savings and How to Mitigate Financial Loss
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In an inflationary economy such as Nigeria’s where the Naira depreciates every day, it’s important to make contingency plans to be able to mitigate financial loss. The Nigerian economy, influenced by Naira decline, high inflation, interest rates, and high cost of living has a tremendous effect on the savings culture…