Loans, Investment, Youth Empowerment
Most times, people apply for a loan and ask for the date of repayment without understudying the interest rate.
It is very very important to know how to calculate loan interest: 1) to know if it worth it, 2) if the loan would return more profit on investment to cater for the interest rate.
The Federal Government’s Survival Fund is truly the first fairest funding and grants ever in the history of Nigeria.
After meeting all other requirements of the survival fund payroll, employers (CEO) and employees will have to answer some questions before their accounts are credited by the Central Bank.
Filing a company annual returns with the Corporate Affairs Commission (CAC) is very important if you don’t want your company to be delisted.
There are some misconceptions about an annual report in Nigeria. Some companies, most especially sole proprietorship, believe that they might be heavily taxed if they continue to file annual returns with the CAC.
You may have noticed after several years of registering your business name that the Corporate Affairs Commission (CAC) has delisted your company on its database.
For instance, if you registered a company with the commission in 2016 and you failed to file a return, there is a possibility that your company will be delisted.
The federal ministry of humanitarian affairs and disaster management said 21,000 emails of batched A and B have been updated on the NEXIT portal.
Nneka Ikem, media aide to the minister of humanitarian affairs disclosed this Sunday, January 31, 2021, while giving an update on the efforts of the ministry to making sure that former N-Power beneficiaries enrol on the NEXIT portal.
One of the key requirements in accessing some of the ongoing CBN loans is evidence of business registration with the Corporate Affairs Commission (CAC).
Unfortunately, some applicants are having a problem verifying their registration on the CAC portal.
The value of bitcoin is going to influence the price of other altcoins for the next decade if not more.
Due to the volatility of cryptocurrency, we’ve witnessed how cryptos have fallen and risen over time.
I applied for the SME loan on NIRSAL Micro Finance Bank (NMFB) portal in 2020, a few weeks after, all I needed was to head back to the portal to check if my application was successful.
Unfortunately, hundreds of the CBN COVID-19 loan applicants don’t know that applying isn’t enough, but constant check on the status of your loan is very important. So that you don’t miss out!
A colleague who urgently needed credit facility asked me, “How can I apply for a loan on online and what are the requirements?”
Under 60 seconds I sent him the list of apps where he could access an online loan in Nigeria without collateral.
Another funding is here for farmers. If you haven’t heard about it, it’s called Smallholder Economic Interest Farmers Agricultural Cooperative or SEIFAC.
SEIFAC is one of the Anchor Borrowers Programme (ABP) rolled out by the Central Bank of Nigeria in a bid to support local farmers with funds so as to boost local production of what we consume.
We all need money to meet certain financial obligations. Loans come in handy when there is no alternative.
In this post, we’ll share with you types of loans offered by Nigerians banks which are accessible to everyone who can abide by their terms and conditions.
We received an email a few hours ago from one of the subscribers expressing his concern over one of the government loans he applied for. He was unlucky.
He was more worried because some of his colleagues he assisted in the loan application were successful.
I applied for one of the available COVID-19 loans of the Central Bank of Nigeria sometimes in 2020. To my surprise, my Nirsal Microfinance Bank (NMFB) account was credited.
It was elated because it would help me to expand my business. But never did I know I would face other rounds of the hurdle. But I later figured it out.
Do you know that there are several SMEs loans funded by the Central Bank of Nigeria (CBN) you can apply for to boost your business?
We’ve got the full list here for you to pick the most suitable for your business and delve into how you can access them in our subsequent guideline.
Formerly as kwikmoney, migo is an automated online moneylender which provides single payment loans through the use of Unstructured Supplementary Service Data (USSD).
Migo instant loan is granted in less than 120 seconds if you are a first time. If you are a returning customer, in less than 30 seconds you request a loan, your bank account could be credited if the network is okay.
You’ve heard about CBN’s CIFI loan and wondering how to access it? We’ve compiled here the Nigerians banks where you can easily submit your application to access the loan.
It is an on-lending scheme designed by Nigeria’s apex bank in collaboration with the Bankers’ Committee. It’s designed to boost job creation in Nigeria. It’s among the six loans funded by the CBN.
Getting the National Identity Number (NIN) has been a major problem for millions of Nigerian several years the exercise was launched.
But the recent ultimatum given by the Federal Government that phone number that isn’t linked to the NIN will be blocked triggered interest of Nigerians whose SIM card risk being cut off from network connection.
The Federal Government says at least 150,000 slots are still available in the ongoing CAC-FG free business name registration.
In 2020, a committee led by Vice President Yemi Osinbajo announced free 250,000 slots for small business owners to register for their business name. It is part of government effort at boosting small businesses.
In the course of your application for the Agric-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) loan, you may have come across this disturbing message that may hinder you from proceeding with your application:
The announcement by Nigeria’s apex bank in 2020 that stimulus package would be given to Nigerians who were affected by the impact of COVID-19 pandemic made NIRSAL Microfinance bank popular among Nigerians
