Post by Richard Chukwunagorom (@africardo)
⚠️ Nigeria’s credit crackdown has begun.
The Central Bank of Nigeria now enforces:
• No new loans for defaulters
• Possible transaction restrictions
• 24-hr BVN monitoring
• Limits on BVN phone changes
• ₦20,000 cap on new banking apps (first 24hrs)
📌 Your financial credibility is becoming your new collateral.
Are founders ready for this shift?
#FintechAfrica #CreditDiscipline #BVN #AfricanFounders

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