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Loan

Access Holdings’ Revenue From Lending, Investments Drops To N895bn

July 14, 2026

Access Holdings recorded N895.03 billion in interest income, covering lending and investments, in the first quarter (Q1) of 2026, failing to replicate the N980.67 billion earned in Q1 2025, representing an 8.73

Business News·Top Stories

Legend Internet Depending On Loan Amid Declining Revenue

June 29, 2026

The burden of debt on Legend Internet’s finances is rising as the company turns to bank loans and commercial papers to make funds available for its operations amid a decline in revenue.

Conoil Plc's Shareholders Approve N1.734 Billion Dividend Payout for 2022

Business News·Top Stories

Conoil’s Profit Crashes By 75% Amid Declining Revenue, Loan Burden

June 25, 2026

Conoil Plc, an oil and gas company, suffered a significant decline in its profit following a decline in revenue and loan burden. The oil and gas company earned N301.72 billion in revenue

Business News·Finance & Economy·News

FG To Launch N50,000 Non-Interest Loans For N1.5 M Market Women

October 4, 2023

In a move to empower market women across Nigeria, Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, revealed on Tuesday that the Federal Government is gearing up to provide

Business News

US Reveals Ways China Could Influence Nigerian Gov’t’s Decisions

August 11, 2023

The United States has disclosed that Nigeria could be influenced by China with the loans the Asian country has been extending to the West African nation. In an Integrated Country Strategy report

News·Business News·Finance & Economy

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

July 19, 2022

The Executive Board of the International Monetary Fund (IMF) has approved a $235.6 million loan disbursement to Kenya. It is understood that the loan is the third installment for Kenya under

Business News·Insights

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

June 9, 2022

Nigerians now owe over N200,000 to both domestic and foreign creditors due to the rising public debt of the Federal and State governments, which rose to N41.60 trillion in the First Quarter

Business News·Insights·Real Estate

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

June 9, 2022

Nigerian banks have began to implement the 13% interest rate to mortgage, corporate and personal loans, after the Central Bank of Nigeria (CBN) raised the percentage in May, by two percents, from

News

Local Investors Loan FG N2.2trn

April 4, 2022

The Federal Government has borrowed N2.2 trillion from local investors through FGN Bonds, treasury bills and the FGN Savings Bonds to help fund the N6.4 trillion deficit spending in budget 2022. The

Business News

CBN Awards N5m Loans To Graduates Under New Scheme

November 26, 2021

The Central Bank of Nigeria (CBN) has launched the Tertiary Institutions Entrepreneurship Scheme designed to tackle underemployment and unemployment in the country. CBN Governor Godwin Emefiele, at the launch in Abuja, on

FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

Business News

FG Approves N656 Billion Fresh Loan For 36 States

November 19, 2021

The federal government has approved N656 billion fresh loan for the 36 states of the country. The details of the loan as announced during the National Executive Council (NEC) meeting on Thursday,

Finance & Economy

100 for 100 Policy: CBN Fixes N5bn Maximum Loan Limit

November 8, 2021

The Central Bank of Nigeria (CBN) has fixed N5bn maximum loan limit on its newly introduced initiative, known as ‘The 100 for 100 PPP – Policy on Production and Productivity’. The CBN

News·Finance & Economy·Top Stories

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Loan

Access Holdings’ Revenue From Lending, Investments Drops To N895bn

Legend Internet Depending On Loan Amid Declining Revenue

Conoil’s Profit Crashes By 75% Amid Declining Revenue, Loan Burden

FG To Launch N50,000 Non-Interest Loans For N1.5 M Market Women

US Reveals Ways China Could Influence Nigerian Gov’t’s Decisions

IMF Doles Out $235.6 Million Budget-Support Loan For Kenya

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

Local Investors Loan FG N2.2trn

CBN Awards N5m Loans To Graduates Under New Scheme

FG Approves N656 Billion Fresh Loan For 36 States

100 for 100 Policy: CBN Fixes N5bn Maximum Loan Limit

Buhari To Borrow Another $4bn, €710m Loan, Seeks NASS Approval

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Lithium: New Oil, Same Curse?

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SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

Nigeria Brokers Fresh Push to mend ECOWAS Rift with Sahel Bloc

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SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

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