Nigerian Businesses Struggle As Loan Interest Rates Hit 36%
Nigerian businesses are facing punishing commercial loan interest rates of between 29 per cent and 36 per cent, with analysts ...
Wednesday, October 1, 2025
Tag: LOAN
Local Shipowners To Get Maximum Of $25m Loan From CVFF
The Nigerian MarÃtime Administration and Safety Agency (NIMASA) said, each qualifying individual applicant or several applicants to the Cabotage Vessel ...
Nigeria’s Student Loan Scheme: Balancing Opportunity And Challenges
Nigeria’s student loan scheme, designed to provide financial support for students pursuing higher education, is a bold step toward democratising ...
FG’s N75b Loan Targets 75,000 SMEs, 900,000 Jobs In Akwa Ibom
The Banks of Industry (BoI) entrusted with the management and disbursement of the federal government’s N75 billion loan scheme aimed ...
Hardship: Gov Eno Gives Traders 90 – Day Ultimatum To Access N2bn Loan
Akwa Ibom State governor, Pastor Umo Eno, has issued a fresh 90 - days ultimatum to traders in Akwa Ibom ...
World Bank Extends $350m Loan For Nigeria’s Power Plants
The World Bank has restructured a $350 million loan to Nigeria to ensure the completion of seven vital power plants ...
Banking Industry Loan Book Rises By 27%
The banking industry’s loan book rose by 27% in the 2022 financial year, spurred by increased activities at the ...
Coronavirus Outbreak Will Affect Nigeria’s Loan Industry-Wigwe
The Managing Director of Access Bank Plc, Herbert Wigwe, says consumer loans in Nigeria will be affected by the coronavirus ...
