FG Launches N200 Billion Initiative to Boost Economy, Support Manufacturers, MSMEs
A massive boost to reflate the economy is underway, Minister of Industry, Trade and Investment, Doris Uzoka-Anite said yesterday. Seventy-five ...
Tag: Loans
FG Offers N1bn Loan Facilities to Businesses at 9% Interest Rate- Edun
The Federal Government is offering loan facilities up to N1 billion at a nine per cent interest rate to businesses, ...
Foreign Debt to rise as Tinubu seeks approval for Fresh $7.8bn and €100m Loans
Nigeria’s foreign debt is expected to rise further to about $51 billion, following President Bola Tinubu’s request to the Senate, ...
Banks record N478bn Bad Loans in Six Months
During the first half of 2023, at least four banks recorded N478bn non-performing loans, their financial results have revealed. Specifically, ...
FG plans quick access of single-digit loans for MSMEs
The federal government has disclosed plans to fast-track access to single-digit loans for Micro, Small and Medium Enterprises, MSMEs in ...
Women to access Interest-Free Loans as Jaiz Bank partners with Better Life
To empower women in the Small and Medium Enterprises (SMEs), a non-governmental organisation, Better Life, has partnered with the Jaiz ...
Nigerian students will soon have access to loans as lawmakers pass bill
A bill to enable Nigerian students access loans has been cleared by both houses of Nigeria’s Parliament. The bill, sponsored by ...
FG exceeds loan target by N1.12tn, borrows N5.3tn
Experts warn Buhari, propose revenue drive FG’s recurrent rise 217% to N8tn The Federal Government exceeded its borrowing by N1.15tn ...
Senate Summons Ministry of Power, Others Over National Loans
The Senate on Wednesday summoned the accounting officers of seven federal ministries, departments and agencies over their failure to defend ...
Nigeria’s Lending Rate Remains at 11.5% as CBN Drives To Stimulate Economy
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 11.5 ...
