Money Lending License Is A Should If You Lend Individuals Money For Intrest!

The applicant applies to the Ministry of Dwelling Affairs and Tourism with the paperwork issued at the Magistrate Court docket. The documents are submitted with the same annexures that were talked about earlier with the evidence of cost of N10,000 for private moneylender software price. After payment, an bill for payment of N50,000 moneylenders charge is given to the applicant with an software type. The applying form is duly stuffed and submitted again to the Ministry with evidence of cost of the N50,000.

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The Central Bank can facilitate a single non-obligatory pre-utility assembly to applicants. Please be aware that the Central Bank recommends that applicants who want to avail of this facility have accomplished their application material to a sophisticated state before requesting such a meeting and have their particular questions ready upfront. The Pre-Utility Meeting will sometimes be not than one hour.