Loans are taken mostly for two reasons, it is either to invest or solve an emergency problem. For instance, you can take a loan to pay hospital bills, children’s school fees, buy food items and sometimes pay transportation fares. Nevertheless, ...
The federal government in a bid to preventing an economic crash or recession as economic experts predicted few months ago, rolled out cash in form of loan to Nigerians through the Apex bank (CBN). Most of these loans may not ...
BOI LENDING: BASIC REQUIREMENTS FOR SME/MSME LOANS Visit NAIRAMETRICS the Original publisher of this post The Bank of Industry offers different loan facilities to both Small and Medium Enterprises (SME) and Micro, Small and Medium Enterprises (MSMEs) among others. While some of ...
BASEL III: Belgian banks worried as Basel III may make loans more expensive for consumers News Credit: kindly visit THE BRUSSEL TIMES for the original post. FEBELFIN fears strict implementation of the new Basel III standards, which will take effect from 2023, ...
LOAN: FG to borrow $4.05bn and €710m as Buhari revealed loans will reduce poverty Loans will reduce poverty – President The President, Major General Muhammadu Buhari (retd.), has asked the National Assembly to approve fresh external loans of $4.05bn and ...
CBN LOANS: Emiefele has disappointed Nigerians over loans approved for farmers; Osibanjo accused CBN Governor The Vice President, Yemi Osinbajo, has blamed the Godwin Emefiele-led Central Bank of Nigeria and other banks for failing to implement the N2.3trillion post COVID-19 ...
NIRSAL: National Pension Commission partners Nirsal to provide non-interest loans for pension contributors The National Pension Commission (PenCom) says it has introduced a non-interest fund (Fund VI) and issued an operational framework for the fund to guide pension contributors and ...
LOANS: 7000 SMEs received the N190bn loans from DBN in 2020 alone The Development Bank of Nigeria (DBN) disbursed N190 billion to 7000 Small and Medium Enterprises (SMEs) in 2020 alone, the bank’s Executive Director/Chief Financial Officer , Ijeoma Ozulumba, ...
The fresh $16.23 billion and 1.02 billion euro loans, and the $125 million grant approved by the Senate for the Federal Government will be used for project funding in power, digital economy, industries, education and transportation sectors. Other priority ...
The Jaiz Charity and Development Foundation (JCDF) has dusbursed loans to 54 persons in Jahi community in the Federal Capital Territory, to enable them to run their businesses. The Chief Executive Officer (CEO) of the Foundation, Dr Abdullahi Shuaib, made ...
With barely four months to the expiration of COVID-19-induced moratorium for those who took its loans, the Managing Director of the NIRSAL MicroFinance Bank, Alh. Abubakar Kure, in an interview, charged all beneficiaries to roll up their sleeves for repayment. ...
The Nigerian Content Development and Monitoring Board (NCDMB) says 53 Nigerian companies have so far accessed loans under its Nigerian Content Intervention Fund (NCIF) scheme. Mr Obinna Ofili, General Manager (GM), Nigerian Content Development Fund and Treasury Management, NCDMB, disclosed ...
Things are gradually becoming so unbearable for an ordinary or average man in Nigeria as Christians are warming up to celebrate the birth of the Lord Jesus. (adsbygoogle = window.adsbygoogle || []).push({}); Even well to do Nigerians are beginning to ...
Image Credit: National Sports link The Federal Competition and Consumer Protection Commission (FCCPC) has declared that a joint board to handle organizations working illicitly and those badgering clients has been set up. (adsbygoogle = window.adsbygoogle || []).push({}); This was uncovered ...
Central Bank of Nigeria’s building in the Central business district of Abuja. Image Credit: punchng.com Another report has said likely more grounded dollar request will persuade the Central Bank of Nigeria of the need to fix financial conditions likewise with ...
Pictorial representation of top 7 quick loan app in Nigeria. Photo Credit: voguepay The most recent December 2021 inflation rate shows an increment to 15.63% has eaten profound into the pay levels of people. Therefore, many individuals are spending more, ...