As inflation accelerated and the economy of the country struggled, Zenith Bank had to make more provisions for bad loans and spend more on operations in...
The Independent Shareholders Association of Nigeria (ISAN) has accused Aso Savings & Loans Plc of stripping assets of Union Homes Savings & Loans (UHSL) Plc that...
The rating agency, Moody’s Investors Service, on Thursday stated that Nigerian banks may not defer the repayment of foreign loans due to the foreign exchange scarcity...
The Parthian Group has forecasted that more loans are likely to go bad this year due to the underperformance of the country’s economy and the accelerating...
The total non-performing loans in the banking sector in Nigeria hit N1.21tn in February 2022, the country’s Central Bank has revealed. The CBN stated in reports...
Loans obtained by Information, Communication and Technology firms from banks in Nigeria, have risen steadily, month on month from N952.06bn in January 2022 to N982.87bn in...
A Kano-based businessman, Chief Kalu Ogbonnaya, has called on the federal government to take steps to cut interest rates on loans charged, to boost the nation’s...
President Muhammadu Buhari has written to the House of Representatives requesting an increase in the 2022 budget deficit through domestic market loans. Buhari said this in...
The Federal Government of Nigeria has stated that it has concluded plans to give interest-free loans to 98,000 beneficiaries of its Government Enterprise and Empowerment Programme...
The United States Agency for International Development (USAID) through its Accountability, Transparency and Effectiveness (State2State) project has collaborated with state governments in Nigeria on the proper...
