Tag: BUSINESS, LOAN, News, Nigeria, NNL
Tragic Consequences Unveiled: Loan Shark Menace Claims Lives of Mother and Father in Rivers State Amidst Public Outcry for Regulatory Action
Nationnewslead report that A 45-year-old woman identified as Omobola Adams has described how her friend Victoria Ogungbemi lost both her spouse and her life as a result...
AGSMEIS Loan Application Form 2022 – Reopens for Fresh Applicants
Nationnewslead reports that Federal Microfinance Bank (Nirsal) has launched a new website portal where registration can be performed with...
CBN N500k Grants Opens for Graduates, Undergraduates – Apply Now
To reduce unemployment, the Central Bank of Nigeria has developed grants for graduates and students. Visit...
FG blocks mobile payment, telecoms network access to online loan firms
The Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems...
My govt has given N100bn loans to indigenous manufacturers – Buhari
President Muhammadu Buhari on Tuesday said the Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical...
Akwa Ibom traders urge Gov Emmanuel to fulfil loan promise
Traders in Akwa Ibom State have urged Governor Udom Emmanuel to fulfil his promise to release another tranche of loans to cushion the effect of their losses during the...
NYIF Loan Update: Approval and Disbursement continue for Nigeria Youth Investment Fund beneficiaries
The Nigeria Youth Investment Fund (NYIF Loan) has witnessed a new twist in 2022 as the Federal Ministry of Youth and Sports Development partners with the...
98000 Nigerians to get FG’s loan in another phase of empowerment programme
THE federal is to give loans to 98,000 persons in another phase of its empowerment programme, under the Ministry of Humanitarian Affairs, Disaster...
GTBank ramps up loans to customers in 2022
In apparent cautious move, Guaranty Trust Bank intends to return on loans growth path in 2022 financial year after a significant slowdown it registered in...
Oyetola didn’t access any loan since 2018 — Govt
Nationnewslead reports that Osun State government, Sunday, disclosed that the administration of Governor Adegboyega Oyetola has not accessed any credit...
The Fight Against Loan Sharks In Nigeria – Pelumi Olajengbesi Esq
Recently, I decided to take up a matter of public interest to provide legal representation for persons who have been bedevilled by the untoward and...
Akwa Ibom Assembly approves gov’s N150bn loan request
The Akwa Ibom State House of Assembly has granted Governor Udom Emmanuel’s request to raise N150 billion from the money market for the funding of ongoing...
Loan sharks have no right to criminalise defaulters – Lawyer
An Abuja-based human rights lawyer, Pelumi Olajengbesi, has said that loan sharks have no right under the law to criminalise defaulting clients. The...
N23.2bn loan: CBN releases list of beneficiaries
The Central Bank of Nigeria on Wednesday released a list containing details of the 28 firms that benefitted from the N23.2bn loans disbursed in the first...
Real reason Nigerian govt took Chinese loans – Buhari
President Muhammadu Buhari has said that his government took loans from China because the Asian country was willing to help Nigeria’s infrastructure....
Nigeria risks losing assets to China over $3.48bn loan, experts warn FG
Economic and financial experts have warned the Federal Government that Nigeria risks losing key national assets to China in the event that it defaults in...
Agric fund diversion may attract five-year jail term – CBN
The Central Bank of Nigeria has said borrowers who divert the funds provided under the Agricultural Credit Guarantee Scheme may earn a five-year jail term....
Senate approves Buhari’s $16bn, €1bn loan request
The Senate on Wednesday approved the sum of $16,230,077,718, €1,020,000,000 and a grant of $125,000,000 as foreign loans for the regime of the President,...
Banks begin deduction of loans from chronic debtors’ accounts
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the growth of non-performing loans in the...
IMF creates fresh loan opportunity for Nigeria
The Board of Governors of the International Monetary Fund, IMF, has approved a general allocation of Special Drawing Rights, SDRs, equivalent to US$650...
