Account for N5.9trn, $4.6bn Loans, SERAP to Governors, Others by Techeconomy April 1, 2024 0 Finance Socio-Economic Rights and Accountability Project (SERAP) has asked the 36 state governors of Nigeria and the minister of the Federal ... Read more
BUA Cement Secures $500m Investment to Enhance Cement Production by Justice Godfrey Okamgba June 7, 2023 0 Commerce BUA Cement, under the leadership of Nigerian billionaire Abdulsamad Rabiu, has successfully obtained a financing package of $500 million from ... Read more
Expect Significant Reduction in Foreign Loans, IMF Warns Nigeria by Justice Godfrey Okamgba May 10, 2023 0 Finance Nigeria has been forewarned by the International Monetary Fund to prepare for a substantial decrease in foreign loans as the ... Read more
CBN Authorizes Foreign Banks to Give Nigerian Firms Loans in Dollar by Justice Godfrey Okamgba May 9, 2023 0 Finance The Central Bank of Nigeria (CBN) has authorized foreign banks to work with their parent companies in availing and syndicating ... Read more
Moni Announces Plans to Drive Growth for African SMEs Through Loans by Justice Godfrey Okamgba April 3, 2023 0 Commerce Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a ... Read more
FG to Convert CBN Loans to Bonds over a 40-year Period by Justice Godfrey Okamgba October 20, 2022 0 Finance Government's contingent liabilities as a share of GDP fell from 2.75% in 2020 to 2.64% in 2021 Read more
CBN Recovers only N3.7tr from N9.3tr Intervention Funds to Businesses by Justice Godfrey Okamgba October 1, 2022 0 Finance He said the bank had collaborated with the EFCC to set up a desk with a view to recovering the ... Read more
Providing Access to Finance is One of Carbon’s Biggest Achievements by Justice Godfrey Okamgba September 30, 2022 0 Finance ...Traditional banks are still trailing in the aspect of making finance (loans) accessible to customers Read more
Carbon Reiterates Commitment to Reform Digital Banking Experience by Yinka Okeowo September 13, 2022 0 Finance In 2016 it became a digital lender via its Paylater App and was focused on providing access to consumer credit Read more
N41.6tr Debt: Nigeria Must Stop Borrowing for Consumption, says Peter Obi by Yinka Okeowo August 10, 2022 0 Finance “It’s ironic that states that received fiscal bailouts did not repay the loans and are still borrowing beyond their revenue ... Read more
Approach BoI, DBN for Loans, CBN Tells Manufacturers by Yinka Okeowo August 4, 2022 0 Finance "Banks are supposed to approach the CBN on behalf of their customers to solve these problems; the commercial banks lend ... Read more
“We Want to be the Most Reliable Credit Platform,” says Ibe, as CreditChek Raises $240K by Justice Godfrey Okamgba July 9, 2022 0 StartUPs The funding was led by Atom Capital with participation from Aidi Ventures, Ham Serunjogi of Chippercash, Olumide Ogunsanwo of Adamantium ... Read more
Covid-19: Afreximbank Disburses $150m to FirstBank by Yinka Okeowo June 14, 2022 0 Finance FirstBank clients involved in the development and import of supplies and equipment essential to battle the COVID-19 epidemic would have ... Read more