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CBN Disburses N220bn Under Enterprises Development Fund

CBN Disburses N220bn Under Enterprises Development Fund

The Central Bank of Nigeria (CBN) has said it would set aside N220 billion for disbursement as loans to cooperatives in the country.

FG Launches ‘Tradermoni’ Initiative To Empower 30,000 Traders In Osun

FG Launches ‘Tradermoni’ Initiative To Empower 30,000 Traders In Osun

Yemi Osinbajo on Monday arrived Iwo, Osun State to launch the initiative of the Federal Government "Tradermoni" for 30,000 traders across the state.

Emir Charges Farmers To Access Agric Loans

Emir Charges Farmers To Access Agric Loans

The Emir of Zazzau, Dr Shehu Idris, on Thursday urged his subjects on the need to follow due process in obtaining loan for agriculture.

Development Bank To Loan $1.3bn To MSMEs

Development Bank To Loan $1.3bn To MSMEs

The Development Bank of Nigeria will deploy $1.3 billion as loans to Micro, Small and Medium Enterprises (MSMEs) in the country.

BoI Claims It Increased Lending To MSMEs From N8.2b To N29.5bn In 2017

BoI Claims It Increased Lending To MSMEs From N8.2b To N29.5bn In 2017

The Bank of Industry (BoI) said it increased lending to Micro, Small and Medium Enterprises (MSMEs) from N8.2 billion in 2016  to N29.5 billion in 2017.

Baobab MFB To Disburse N300m Credit At Newly-opened Alaba Branch

Baobab MFB To Disburse N300m Credit At Newly-opened Alaba Branch

Baobab Microfinance Bank has opened a new branch at Alaba International Market, Lagos, setting aside N300m to lend to traders to boost their businesses.

Experts Call On CBN To Fix Lending Rate, Check Hidden Bank Charges

Experts Call On CBN To Fix Lending Rate, Check Hidden Bank Charges

Lead Director, Centre for Social Justice, Eze Onyepere, has called on CBN's Monetary Policy Committee (MPC) to fix interest rates on bank loans to check the high rate by financial institutions.

Buhari Approves Negotiations For $15bn Loan

Buhari Approves Negotiations For $15bn Loan

President Muhammadu Buhari has approved negotiations for the $15 billion loan for completion of the Port Harcourt–Maiduguri rail project.

AfDB Approves $300m Loan For Nigeria

AfDB Approves $300m Loan For Nigeria

The African Development Bank (AfDB) has approved Nigeria's $300m loan for employment creation, food security and rural development. 

BOI Disburses N20.5bn To 346 Female Entrepreneurs

BOI Disburses N20.5bn To 346 Female Entrepreneurs

The Bank of Industry (BoI) said on Thursday that it disbursed over N20.5 billion  in 2017 to 346 enterprises owned by women.

Tillerson Warns Nigeria, Others Against  Loans From China

Tillerson Warns Nigeria, Others Against Loans From China

The United States, on Thursday, warned African countries about receiving loan facilities from the Chinese government.

Watford Sign Deulofeu On Loan From Barcelona

Watford Sign Deulofeu On Loan From Barcelona

Watford on Monday announced the signing of Barcelona winger Gerard Deulofeu on loan until the end of the season.

Fayose Urges Nigerians To Kick Against Borrowings

Fayose Urges Nigerians To Kick Against Borrowings

Governor Ayodele Fayose has called on Nigerians to support his stance against governors who borrow money beyond their tenure.

35 States To Receive N28bn Loan Facility From FG

35 States To Receive N28bn Loan Facility From FG

35 of 36 states in the federation have had their budget support loan request granted by the federal government.

Rivers To Give 20,000 Youths Agric Loans

Rivers To Give 20,000 Youths Agric Loans

The Rivers state government has declared plans to encourage youths to embrace agriculture through the provision of necessary loan facilities.

NSCDC Apprehend Man For Attempting Suicide Over N50,000 Loan

NSCDC Apprehend Man For Attempting Suicide Over N50,000 Loan

A man who allegedly attempted to commit suicide over his inability to refund a N50,000 loan. has been arrested by security operatives in Ogun state.

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