Loan

Mr Festus Keyamo (SAN), Minister of State, Labour and Employment, has disbursed N24 million to 2,400 small scale entrepreneurs in Sokoto State.Keyamo said the funds were under the Federal Government’s Micro-Enterprise…

Amaechi said it doesn’t make sense that the same National Assembly that approved the loans in the first place is now calling for a probe of the loan terms.

Benue House of Assembly has approved Gov. Samuel Ortom’s request to obtain a Central Bank of Nigeria (CBN) loan facility of N2.5 billion for healthcare delivery upgrade in the state.The approval followed a correspondence sent…

The Senate on Tuesday has granted President Buhari's $5.513bn external loan request.According to Buhari, the loan will be used in funding the revised 2020 budget, execute high priority projects on both Federal Government and state…

Inter Milan Football Director Piero Ausilio is interested in Victor Moses and other players on loan at the club to have a longer deal following the extension of the 2019/20 league in Italy.Moses’ contract at the club was billed to end…

Manchester United have succeeded in extending Odion Ighalo’s loan until the end of January, with United agreeing a £6m fee with Shanghai Shenhua and continuing to pay just under half of Ighalo’s £300,000-a-week wages.The extension comes…

French Finance Minister, Bruno Le Maire, said on Tuesday the government had not yet signed off on a planned five billion euro ($5.6 billion) loan for carmaker Renault, though he hoped the loan would be agreed soon. SEE ALSO: Blackberry…

Manchester United have sealed an extension to Odion Ighalo’s loan deal which will keep him at the club until January 2021. The striker joined United from Chinese Super League club Shanghai Shenhua on a 5-month loan deal on the final day of…

Private School owners have appealed to the Federal Government to facilitate a revolving loan scheme for them at a reduced interest rate to cussion the effects of COVID-19. SEE ALSO: VIDEO: Would-Be Robber Gets Nasty Surprise After Trying…

Africa's largest crude producer which relies heavily on the crude oil trade for about half it government revenue project that its oil earnings will dropby at least 80% this year. The deficit could widen to 6.8% of gross domestic product…

The Central Bank of Nigeria (CBN) has commenced the disbursement of loans to maize farmers in Anambra under its Anchor Borrower Programme meant for the 2019 farming season.Speaking at the event on Thursday, Mrs…

According to reports, the Federal Government of Nigeria has received the $3.4bn emergency loan promised by the the International Monetary Fund.In a recent statement, the Federal Government mentioned that it will utilize the funds, which…

The Central Bank of Nigeria (CBN) says the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated on social media.SEE ALSO: COVID-19: Ibadan Entertainers Create means to Sustain Audience…

China is set to receive a loan worth RMB seven billion ($989 million) from the BRICS New Development Bank (NDB) in order to combat the epidemiological threat and economic disruption caused by the ongoing coronavirus disease outbreak.…

The Sokoto State Government on Saturday said it would procure N65.7 billion loan from internal financial sources to execute development projects.The said the loan would be used to fast-track agricultural development,…

The Lagos House of Assembly on Friday granted approval for Gov. Babajide Sanwo-Olu to access a loan of N250 billion forcapital projects in the state. READ ALSO: …

Central bank of Nigeria (CBN) Governor Godwin Emefiele, has said that banks that fail to meet its directive on the 60 per cent Loan Deposit Ratio (LDR) would be penalised at the expiration of the deadline.CBN  on July 3, 2019, directed…

Gareth Bale’s agent has ruled out any loan deal for the Real Madrid forward as the Spanish side seek to offload the Wales international.The 30-year-old is out of favour with Real Madrid and manager Zinedine Zidane has said the club are…

Governor Ibikunle Amosun of Ogun State has disclosed plans to borrow $350m loan from the World Bank.Amosun, whose tenure in office will end in four weeks from now, said this while meeting with a delegation of the bank in Abeokuta, Ogun…

Former governor of Lagos State, Babatunde Raji Fashola has bemoaned Nigerians who have been shaming the current administration for borrowing all the time to carry out projects.The current Minister of Power, Works, and Housing expressed…

The Minister of Finance, Mrs Zainab Ahmed says while government borrows to deliver on its promises, it was also mindful of rising debt burden, which eats up about 25 per cent of the country’s annual earnings.Ahmed said this in an…

Sterling Bank Plc has revealed that the it is extending loans from its ‘Specta’ product to non-bank customers and business owners.The bank also said it was aiming to give out loans worth N40bn in 2019.Speaking on the development,…

On Loan Chelsea attacker, Victor Moses is up and running in Turkey after scoring for his new club against Goztepe in a Super Lig encounter.The Nigerian was barely used by Maurizio Sarri and was rotting on the bench before his loan move…

The Asset Management Corporation of Nigeria began operations in 2010 and since that time, a total of One trillion naira has been retrieved from debtors and some banks.Nigeria’s minister of finance, Mrs. Zainab Ahmed, made the claim…