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Lidya Collapses: Nigeria’s Fintech Shake-Up Signals Africa’s Credit Reckoning

Lidya Collapses: Nigeria’s Fintech Shake-Up Signals Africa’s Credit Reckoning

by Onyinye Moyosore Ofuokwu

October 24, 2025

Nigerian digital lender Lidya has shut down operations after admitting to “severe financial distress.” In an email to customers dated ...

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