Tag: Loan

COVID-19: AfDB Urges Central Banks to Cut Interest Rates

Henry Solomon- July 7, 2020

The African Development Bank (AfDB) has urged central banks on the continent to act quickly by cutting interest rates to inject liquidity in view of ... Read More

Cooperatives to Now Access Housing Loans

Henry Solomon- November 8, 2019

Cooperative societies across the country will now be able to access housing loans from the Federal Mortgage Bank of Nigeria. This is major fallout of ... Read More

Video: 7 Million Disbursed to Youth and Women in Katsina

Henry Solomon- December 10, 2018

Seven (7) Million Naira was disbursed as interest free loan to 700 Youth and Women trained in cosmetology and other trades on completion of their ... Read More

Adamawa Assembly Okays N5b Loan to Pay LG Salary Arrears

Henry Solomon- November 14, 2018

Adamawa House of Assembly on Wednesday granted approval to Gov. Muhammadu Bindow’s request to source for N5 billion loan from UBA Plc to pay salary ... Read More

Soft loans, supply of inputs will guarantee food security- Association

Arowobusoye Samuel- August 2, 2018

The All Farmers Association of Nigeria (ALFAN), Rivers Branch, says granting of soft loans to farmers and supply of inputs will guarantee food security in ... Read More

Full Speach of Speaker Dogara at Bill to Amend FG Housing Scheme

AMT Tanimu- March 27, 2018

PROTOCOLS: I sincerely welcome you all to this Public Hearing. Today’s Public Hearing is very significant because it touches on one vital aspect of our ... Read More

Speaker Dogara Says Housing Loan Scheme Will Give Succor To Public Servants

AMT Tanimu- March 27, 2018

Turaki Hassan, Abuja: The Bill to amend the Federal Government Housing Loan Board to administer housing loan scheme to public sector workers will bring succor ... Read More

Lagos Farmers yet to Benefit from Anchor Borrowers Programme – AFAN

Arowobusoye Samuel- February 27, 2018

The Chairman, Lagos Chapter of All Farmers Association of Nigeria (AFAN), Chief Femi Oke, said no member of the association had benefitted from Federal Government’s ... Read More

Requirements For Automative Assembly Operation and Development Fund/Loan in Nigeria

AMT Tanimu- June 13, 2017

The National Automative Design and Development Council (NADDC) issued out guideline and Requirements For Automotive (CKD/SKD) Assembly Operation In Nigeria base on the ease of ... Read More

Nigeria’s Central Bank and NCC Steps In Over Etisalat Loan

AMT Tanimu- March 10, 2017

Tony Ojobo, Abuja: After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar Danbatta and ... Read More

No Governor Indicted Over Paris Club Loan Reimbursement

Abdul Jimoh- February 13, 2017

EFCC Officials On Paris Club Loan Reimbursement Wilson Uwujaren, Abuja; The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to a ... Read More

23,000 Artisan, Traders In First Batch In FG’s Soft Loan Scheme Across 13 States and FCT

AMT Tanimu- January 31, 2017

Laolu Akande, Abuja: In consolidation of the Buhari Presidency’s Social Investment Programmes (SIPs), the Federal Government has so far disbursed 23,400 Soft loan to beneficiaries ... Read More

AfDB President: Nigeria Is Too Big To Fail

Henry Solomon- November 18, 2016

President of the African Development Bank, AfDB Dr. Akinwumi Adesina with President Muhammadu Buhari of Nigeria The African Development Bank (AfDB) has restated its commitment ... Read More

Ending Recession Requires Dialogue and Cooperation From All – Saraki

Henry Solomon- November 15, 2016

Senate President, Dr. Abubakar Bukola Saraki has said any effort to end the current recession in the country requires dialogue and cooperation from all leaders. The Senate President’s comments were in ... Read More

1 Billion Naira Interest Free Loan To Farmers

AMT Tanimu- October 19, 2016

Farmers To Access N1b Interest Free Loan In Kano Salihu Tanko Yakasai, Kano: Kano state governor, Dr. Abdullahi Umar Ganduje today (Tuesday) disbursed N1 billion ... Read More

IMF Introduces Zero Interest To Low Income Countries

Henry Solomon- October 7, 2016

IMF/ World Bank 2016 General Meeting in Washington D.C. The International Monetary Fund (IMF), has introduced zero interest rates on all its concessional facilities to ... Read More

AfDB approves $350m loans to Nigerian banks to spur enterprises

Abdul Jimoh- August 24, 2016

Dr Akinwumi Adesina, President African Development Bank (AfDB). NAN; The African Development Bank (AfDB) has approved $300 million and $50 million trade finance loans to ... Read More

CBN Flags Off Entrepreneurship Programme To Empower 1,500 Youths

Henry Solomon- July 1, 2016

The Central Bank of Nigeria (CBN) has flagged off the pilot phase of the Youth Entrepreneurship Development Programme (YEDP), on Thursday in Abuja. The Programme ... Read More

CBN Disburses N55.46b To 24 Power Firms

Henry Solomon- May 21, 2016

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele said N55.46 billion was disbursed to 24 power firms as electricity market stabilization ... Read More

Boko Haram Now Gives Loans To Youth As Bait For Membership

Abdul Jimoh- April 20, 2016

Statement by Brigadier General RABE ABUBAKAR in Abuja, it has come to the knowledge of the Defence Headquarters that Boko Haram terrorists have now devised another ... Read More