Fifteen projects, spread across the country’s six geo-political zones, are to be financed with more than $4b from multilateral institutions, under the 2018-2021 Medium Term
Anyone wondering why the heavy loan portfolio of the Federal Government appears a mismatch of visible projects may not need to dig too far, going by revelations emanating lately from the Senate.
Personal loans are good for a variety of purposes—from consolidating debt to solving a myriad of pressing issues. They are personal, which means your reasons are yours.
Odds against the Asset Management Corporation of Nigeria (AMCON)’s efforts to dispose of seized assets are growing, a development that could potentially slow down its debt recovery programme...
Adamawa State Government inherited a debt of over N140 billion from the immediate past administration and has taken N15 million loans for capital projects.
The total banking sector’s credits rose by N774.28 billion in December, hitting N25.02 trillion at the end of the year.
4 Nov 2020
The Nigerian Diaspora Direct Investment Summit (NDDIS) has charged financial institutions to channel their loans towards productive sectors in the country, citing it as imperative to revitalizing the economy.
9 Oct 2020
The Central Bank of Nigeria (CBN) has cautioned business owners against fraudulent loan offers, especially through the social media.
6 Oct 2020
The risk-based growth of Nigeria’s financial technology (fintech) companies may be facing its first major test as they struggle to keep the loan default rates at a tolerable level
18 Sep 2020
No fewer than 100 residents of Alimosho Federal Constituency have been given loans worth N4 million to boost their businesses by the Lagos State Commissioner for Tourism
10 Sep 2020
Barely one month after Rivers State House of Assembly approved N18 billion for Governor Nyesom Wike, the House, yesterday, approved another N6.5 billion loan for the state from Zenith Bank. The first loan, which was approved on August 10, 2020, is meant to accelerate development in the state, take care of the construction of the…
3 Sep 2020
Respite has come the way of 400 Nigerians as they would be empowered with about N40 million worth of product loan. The gesture is aimed at improving the standard of living of a teeming number of people and make them financially independent with a product loan of N100,000 each. The National Bureau of…