Nigeria: Lawmakers Pledge Enactment of Law On Factoring

11 December 2017

The absence of enabling law on factoring in the country may soon be over as members of the Banking Committee of the Nigerian Senate and the Banking and Currency Committee of the House of Representatives have pledged to accelerate the process of enactment.

The factoring bill, which is currently in the nation's legislative chamber, would be given attention to ensure that it will be passed into law by the first quarter of 2018, going by the pledge.

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