The Federal Government of Nigeria has disbursed no fewer than N38 billion in loans to support Small and Medium Scale Enterprises (SMSEs) over the past four...
President Muhammadu Buhari has written to the National Assembly seeking approval to borrow the sum of $4,054,476,863 billion and €710 million. The request was made known...
The Nigeria Diaspora Network (NDN) urged the federal government to provide low-rate loans and farm inputs to young people. NDN’s chief financial officer, Samuel Iyapo, made...
The Emerging Africa Infrastructure Fund (EAIF) says it has issued loans up to $1 billion for infrastructure development. A statement said EAIF by last year, had...
Many of Stanbic IBTC’s debtors found it difficult to meet their obligations to it in 2020, making its impairment provision for its non-performing loans leap by...
A recent report by the National Bureau of Statistics (NBS) has shown that Nigeria’s banking sector non-performing loans dropped by N42.4 billion in three months. According...
Nigerian banks recovered N50.32 million within nine days from debtors after the financial institutions began the Global Standing Instruction (GSI) which enables banks to retrieve their...