Editorial Staff 
Since the commencement of the ongoing COVID-19 Targeted Credit Facility (TCF), one of the critical questions some of the prospective applicants ask is: what is the interest rate of the CBN-backed NMFB loan? COVID-19 interest rate: 5%-9% per annum As you know, the credit facility is disbursed to applicants by Nirsal Micro Finance Bank (NMFB), … Read more
If you applied for the CBN-backed COVID-19 loan on the NMFB, you must have noticed that TCF reference number pops up as you input your Bank Verification Number (BVN). The essence of the COVID-19 TCF Reference Number is to properly track your application process or resolve any problem in the course of the application. You … Read more
On popular demand, hundreds of our readers are asking for a sample of an agrochemical company business plan which they can use to apply for a loan. Like never before, there are lots of credit facilities for small businesses in Nigeria and across the World. The credit facility is a swift response to combat the effect … Read more
CitiBank is a global financial institution with its branches across the World including Nigeria where it provides credit facility to businesses. But one thing about CitiBank Nigeria is that its branches are strategically located in a few commercial state capitals. One thing that comes to mind is: How can I get a business loan at … Read more
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. So, how exactly can you profit from the fall of ripple (XRP), one of the cryptos currently facing some … Read more
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. In this post, I’ll share a piece of similar useful information … Read more
Another funding is here for farmers. If you haven’t heard about it, it’s called Smallholder Economic Interest Farmers Agricultural Cooperative or SEIFAC loan This is where it becomes very interesting… Usually, farmers prepare for raining season ahead of a plantation. Some of the activities farmers do before the raining reason include: That’s why SEIFAC launched … Read more
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 guidelines. One of … Read more
Formerly as kwikmoney, migo is an automated online moneylender that provides single payment loans through the use of Unstructured Supplementary Service Data (USSD) for those who need urgent money for immediate needs. Interest rate: 15% Hours of work: 24/7 Migo instant loan is granted in less than 120 seconds if you are a first time. … Read more
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. Purpose of 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 … Read more