Lagos State government has said it has partnered with three financial institutions to boost financial inclusion among women traders including providing loans to them to expand their businesses.  

Despite the tightening stance of the Central Bank of Nigeria (CBN), Nigerian banks and discount houses borrowed ₦29.017 trillion through the Standing Lending Facility in the third quarter of 2024.

A global financial services provider focused on education and mobility solutions, Proconnect, has advocated for Nigerian students who study abroad to return home to contribute to the country’s economic development. The global CEO, Elda David Samuel, made this call during a chat with reporters at a global press conference organised by Proconnect on how Nigerians…

CREDICORP has disclosed the disbursement of loans to over 10,942 beneficiaries to ease rising cost of living across sectors in the country.

In a bid to further empower Nigerian women and keep poverty at bay, the Minister of Women Affairs, Uju Kennedy-Ohanenye, has appealed to stakeholders to provide life-impacting loans to women devoid of high interest rates. The minister made the appeal at a press briefing on efforts by President Bola Tinubu to uplift the living standards…

Socio-economic Rights and Accountability Project (SERAP) has sued state governors and the Minister of the Federal Capital Territory, Abuja, Nyesom Wike, at the Federal High Court sitting in Abuja over failure to account for N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, and failure to publish copies of the loan agreements, including details and locations of projects executed with the loans.

The Katsina government has refuted the claim by the Debt Management Office (DMO) that the Dikko Radda administration has escalated the state’s debt profile.

Zamfara State Governor, Dauda Lawal, has said that he has never approached the Debt Management Office (DMO) for any loans since the inception of his administration on May 29, 2023. “We want to make a clarification on the position of the Debt Management Office report that the Zamfara State government borrowed N14.26 billion,” Lawal said…

The Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Nyesom Wike, to “widely publish copies of the loan agreements and spending details of some N5.9 trillion and $4.6 billion loans

As part of efforts aimed at improving the quality of lives of entrepreneurs through economic empowerment and community development, six chapters of the Rotary Club in partnership with Grace and Mercy Households Improvement Initiative have provided interest-free loans to entrepreneurs in the Ikorodu Area of Lagos.

The United States International Development Finance Corporation (DFC), yesterday, approved 17 new transactions for the first quarter of the year at the board and sub-board levels, totaling over $3.3 billion.