Tag: LOAN
FirstBank supports schools with over N10bn loan
First Bank of Nigeria Limited says it supported educational institutions in the country last year with loans in the sum of over N10 billion.
The...
CBN raises alarm over fraudulent loan offers on social media
The Central Bank of Nigeria (CBN) has warned Nigerians against fraudulent messages on social media requesting loan seekers and owners of small-scale businesses to...
Court fixes Dec.7 to hear motion against Innosson
A Federal High Court in Lagos, on Friday, fixed Dec. 7 to hear a motion seeking a bench warrant against the CEO of Innoson...
MTN Nigeria signs N200bn medium-term loan facility
MTN Nigeria has signed a seven-year medium-term loan facility with a consortium of 12 Nigerian banks for the sum of N200 billion.
The signing ceremony...
China Development Bank, UBA sign $100million loan deal to support SMEs...
United Bank for Africa (UBA) Plc and China Development Bank (CDB) on Tuesday announced the signing of a $100 million seven-year loan agreement to...
Ekiti: Fayose approves N200 m as car loan for 645 workers
Gov. Ayo Fayose of Ekiti on Thursday approved the disbursement of over N200 million as car loan to 645 workers in the state’s service.
The...
Osun Government empowers 350, 000 people with N15b loan
Governor Rauf Aregbesola of Osun, on Monday, said his administration had given more than N15 billion loans to 350, 000 people in the state,...
Etisalat in desperate talks to prevent takeover over $1.2bn loan
Etisalat Nigeria is in talks with a consortium of banks to renegotiate the terms of a $1.2 billion loan it took out four years...
5 reasons your bank loan application may be denied
An important and viable avenue for businesses to generate capital/funds is via bank loans. Today in Nigeria, the measures for granting loans have been...
Sky Bank takes over Obat Oil depot over N2.1bn debt
Skye Bank Plc on Friday took possession of the tank farms and business premises of Obat Oil & Petroleum Limited in the Apapa Business...