Loan

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

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

Emmanuel Ochayi

October 4, 2023

Business

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

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

Fakoyejo Olalekan

August 11, 2023

Business·Finance & Economy·News

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

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

Queen Nwabueze

July 19, 2022

Business·Insights

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

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

Fakoyejo Olalekan

June 9, 2022

Business·Insights·Real Estate

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

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

Fakoyejo Olalekan

June 9, 2022

News

Local Investors Loan FG N2.2trn

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

Queen Nwabueze

April 4, 2022

Business

CBN Awards N5m Loans To Graduates Under New Scheme

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

PBA Reporter

November 26, 2021

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

Business

FG Approves N656 Billion Fresh Loan For 36 States

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,

PBA Reporter

November 19, 2021

Finance & Economy

100 for 100 Policy: CBN Fixes N5bn Maximum Loan Limit

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

PBA Reporter

November 8, 2021

Finance & Economy·News·Top Stories

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

PRESIDENT Muhammadu Buhari has sent a letter to National Assembly seeking approval of a fresh loan amounting to $4 billion ($4,054,476,863) and €710 million to finance a deficit 2021 budget.

Victor Ezeja

September 14, 2021

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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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