Irrespective of your political affiliation, the Bank of Industry loan is opened for everyone. No discrimination. Provided you fulfilled the eligibility requirements. We’ll share with you some of the things you need to put in place before applying for BOI loan. Ownership: Bank of Industry is the oldest and largest Development Financial Institution owned by … Read more
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. We’ll share with you some of the … 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
Do you know that there are loans that are specifically designed for women in Nigeria to build, expand, and grow their businesses? In this post, we’ll share with you funding opportunities for female business owners in Nigeria. If you want to stabilise the home, empower a woman, boost her business, support her financially in her entrepreneurial … Read more
At a point in your entrepreneurial journey, you may need to approach financial institutions and other money lending firms. Key takeaways: You could take a loan to buy cars, sponsor your kids’ education, buy houses, and expand your business. Whatever your reasons are, what are the things to consider before taking a business loan? Do … Read more
You’ve heard about the soft and collateral-free loan, SME, housing, car, and all kinds of funding for personal and corporate use? Usually, all kinds of funding fall into two major types of loans. Whether the funding is from the government, non-governmental organisation, or from a financial institution, they could be categorised as: Secured loan Unsecured … Read more
There are several loans you can access in Nigeria. But lenders or banks would make sure that you have verifiable data. This isn’t peculiar to only Nigeria, but it’s a normal standard in every part of the World. Apart from verifying you also known as knowing Your Customer (KYC) in the business world, banks want … Read more
Here is another opportunity to get Pngme e-float loan if you are a mobile money agent in Nigeria, Ghana, and Kenya. If you’re a Mobile Money Agent you qualify for this wonderful opportunity to expand your business in your community and partner with an international organisation. You may want to ask… What is e-float loan? Investopedia … Read more
The interest-free loan of the Federal Government TraderMoni is a wonderful initiative, but beneficiaries who received the first loan of N10, 000 in 2018 are facing challenges in paying back the loan. From the way TraderMoni is structured, a trader must have repaid the initial N10,000 loan to be eligible for the next round. In other words, … Read more
MarketMoni Loan Application Process & Requirements