loans

January 11, 2023

Countries and organizations give loans to Nigeria because we can repay – Buhari

Nigeria’s President Muhammadu Buhari has made some remarks about the reasons why other nations and organizations are willing to lend money to the country. On Wednesday, the President addressed the Catholic Bishops’ Conference of Nigeria in the State House (CBCN). According to Buhari, Nigeria’s creditors are confident in the country’s ability to put its money... Read More

credible, demolition, loans, oil infrastructure, President Muhammadu Buhari, repay

January 10, 2023

FastCash Offers up to N200,000 in Loans for School Fees Payment in Five Minutes

Without hassles, Nigerians can now meet emergency financial obligations, pay children’s school fees and rent by accessing FastCash loansof up to N200,000 (two hundred thousand Naira) in minutes. FastCash is a collateral-free, convenient, easy-to-access instant loan solution powered by First City Monument Bank (FCMB). Getting a FastCash loan requires no collateral or paperwork. It is available and accessible... Read More

FastCash, First City Monument Bank (FCMB), loans, N200000, Rent, school fees

October 13, 2017

What Osinbajo approved for NNPC weren’t contracts | Yet another ‘clarification’ by the presidency (READ)

The Presidency has also dismissed reports that the Vice President Yemi Osinbajo approved contracts for the Nigerian National Petroleum Corporation (NNPC). Osinbajo on Thursday had said he only approved loans for the NNPC joint venture financing with the IOCs. The NNPC had earlier said the Vice President approved the contracts while President Muhammadu Buhari was... Read More

approve, Contracts, loans, nnpc, Yemi Osinbajo

October 12, 2017

I granted approvals for loans not NNPC contracts – Osinbajo

Vice President Yemi Osinbajo has clarified that the approvals he granted to the Nigerian National Petroleum Corporation (NNPC) were for financing arrangements for the Joint Ventures between the corporation and IOCs and not contracts. What happened: Minister of State for Petroleum Resources, Ibe Kachikwu in a memo to President Muhammadu Buhari had said the NNPC... Read More

Approvals, loans, NNPC contracts, Yemi Osinbajo

Are you a Corps member? Get loans up to 100k within 24 hours

It is your service year, and you are quite excited as you are closer to creating the life of your dreams. You might have done a course for 4 or 5 or even 6 years depending on the course you studied, the school you attended, and the ‘X’ time addition that a lot of Nigerian... Read More

Credit Direct, empowerTheCorps, loans, nigeria, nysc

[The Presidential Blog] Osinbajo is bent on making life easier for small and medium businesses

Professor Osinbajo has been adamant about his desire to see businesses work in Nigeria – especially small and medium scale businesses. Through the Ease of Doing Business reforms, the Office of the Vice President has established MSME Clinics across the country, worked with committes to harmonise the processes of registering a new company while reducing... Read More

The Presidential Blog

Acting President, credit facilities, Ease of doing business, loans, Professor Yemi Osinbajo

It’s loans gotten sharp-sharp! No collaterals, get loans within hours from Credit Direct

There will always be emergencies. These can happen through job loss, unexpected home repairs, car troubles, unplanned travel expenses, medical emergency, and so many others. We can always save to prepare for the events, but just as when unexpected, we might not be fully prepared to these emergencies. Credit Direct Limited, Nigeria’s leading microfinance institution,... Read More

Credit Direct, Empower the Corps, loans, nigeria

100 days of Trump, Emir Sanusi’s N37m phone calls | The 5 numbers that mattered this week

N17 billion – The total amount the EFCC claims to have recovered through the Federal Government Whistleblower policy that was introduced last year. N37 million – Emir of Kano, Alhaji Muhammadu Sanusi was accused by the Kano Emirate Council of spending this amount on phone calls in three years. $6.9 billion – President Buhari wrote... Read More

Featured, The News Blog

100 days, Deportees, EFCC, emir sanusi, libya, loans, Magu, national assembly, trump, whistleblowe

October 29, 2016

$29.96 billion, 33000 | 5 numbers that mattered this week

$29.96bn – The amount of loan the Federal Government of Nigeria plans to borrow from the World Bank, African Development Bank, Japan International Co-operation Agency, Islamic Development Bank and China Exim Bank in the next three years. N2.1trn – The total amount Nigeria lost to the activities of militants in the Niger Delta region from... Read More

budget, Cross River State, Finance, kemi Adeosun, loans, Niger Delta, nigeria, numbers, World Bank

October 4, 2016

FG releases N25bn loan for mass transit sector

The Federal Government has launched N25 billion loan scheme for transport companies in the country for the purchase of mass transit vehicles. The Minister of Industry, Trade and Investment, Okechukwu Enelamah, disclosed this in Abuja on Tuesday at the opening of a two-day national workshop for chief executives of mass transit companies. Enelamah said the... Read More

Federal Government, loans, mass transit sector, N25bn transport scheme, Okechukwu Enelamah

September 10, 2016

Nigeria to get loans from the World Bank, China

Barely a week after the Nigerian economy officially entered into a recession, the Presidency has announced that it would receive loans form the World Bank, China’s Exim Bank, and the Japan International Cooperation Agency. The loans, according to the presidency, are long-term loans with 1.25 percent interest rates over the space of 20 years and will... Read More

depreciating Naira, Economic recession, inflation, loans, nigeria, World Bank

Boko Haram recruiting young entrepreneurs, artisans by ‘providing loans’

The Defence Headquarters has revealed that Boko Haram insurgents now recruit new members by ‘providing loans to young entrepreneurs and artisans’. Brigadier General Rabe Abubakar, Acting Director Defence Information, released a statement on Wednesday, stating that: “In this clandestine dispensation, Boko Haram terrorists have resorted to providing loans to young entrepreneurs and artisans in the... Read More

Featured, The News Blog

artisans, boko haram, loans

PDP ‘pauperised’ Nigerians – Ngige

The Minister of Labour and Employment, Chris Ngige, on Friday, stated that the presidency is borrowing funds from other countries because the Peoples Democratic Party (PDP) looted the treasury and failed to save during their time in government. Speaking at a program organised by the National Directorate of Employment (NDE) in Amawbia, Awka South Local... Read More

Buhari, China, loans, Ngige

Banks refuse to give loans to cash-strapped Senators

Senators in the country are facing hard times as they have not been paid their June and July salaries and banks are turning down their request for loans, following the cash crunch that is affecting the three tiers of government in the country. It was revealed that the senators had not received salaries since their inauguration... Read More

banks, cash crunch, loans, reject, senators, unpaid salaries

September 6, 2014

Poor people must be allowed to borrow from national cake || Federal High court orders FG

by Jewel Stephen Poor Nigerians have a reason to be merry, especially the entreprenuerial ones, going by the ruling of a Federal High court, which stated that the Federal government must make available, loans for the middle and lower-class Nigerians. The Federal Government has been instructed by a Federal High Court sitting in Lagos, to... Read More

Federal Government, Federal High Court, femi falana, Justice M Idris, lawyer, loans, nigerians, Peoples Bank Act, Poor people, Under privileged

Respect the hustle: Porn stars need loans and bank accounts too

Chanel Preston knows not everyone approves of her chosen profession. That’s one of the risks that go with being one of the biggest stars in porn. But she never thought it would affect her ability to open a bank account. Preston recently opened a business account with City National Bank in Los Angeles. When she went to deposit checks into the... Read More

America, bank account, Chanel Preston, city national bank, loans, los angeles, Marc Greenberg, MRG entertainment

Tola Sunmonu: Agiculture – Gov’t effort is good but a comprehensive solution is needed (Y! Policy Hub)

by Tola Sunmonu If you are going to try and tackle the issue of finance, create the necessary systems that allow farmers to make decisions about how they want to use a loan, how much they need to access to avoid ending up in debt and moreover a system that is sustainable. While doing my... Read More

agriculture, farming, Jigawa, loans, Tola Sunmonu, Y! Policy Hub

November 1, 2012

Ugodre talks Figures: Flirting as an effective negotiation tool for women

In such situations men viewed women as cooperative when they applied feminine charm skewed towards friendliness than when they appeared neutral. A young lady was looking to buy a car after saving up and securing a loan from a bank. Having identified the car she wanted, she was soon on the phone chatting up with... Read More

figures, Flirtation, loans, negotiation, sexual harassment

August 13, 2012

Lagos is not broke, says Fashola (but, em, it’s drowning under foreign debt)

by Stanley Azuakola Be not afraid, Lagosians, your state is not broke. That was the assurance given by the Lagos State governor, Babatunde Fashola, in an interview he granted to BusinessDay newspaper. Governor Fashola however, did admit the following: His administration has floated two bonds (the N50 billion, 5-year, 13 percent series 1 and the... Read More

babatunde Fashola, banks, bonds, brt, debt, lagos, loans

This is for your information: How the PDP plans to raise money (Hint: Investments in oil and telecoms)

by Stanley Azuakola The Peoples Democratic Party is by far the wealthiest party in Nigeria. The spending power of the party only lies in the realm of dreams for many others. If you thought that would make the PDP rest on its oars, then you thought wrong. The party’s National Financial Secretary, Mr Bolaji Anani,... Read More

Bamanga Tukur, Bolaji Anani, holding company, loans, PDP

Report: T.Y Danjuma settles May & Baker’s N1.3 Billion bank debt

by Chi Ibe Chairman of May & Baker Nigeria Plc, retired General Theophilus Y. Danjuma has accepted the plea from shareholders of the company to personally pay the N1.3 billion bank loans the company owed. Danjuma made this grand gesture at the 61st general meeting in Lagos for shareholders of May & Baker Nigeria Plc after... Read More

loans, May & Baker's N1.3 Billion Debt, Report. T.Y Danjuma

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