Loans

Application for N5 Billion SMEDAN-Sterling Loan Is Open, Here Is The Application Process

You can access at least N250K and as high as N2.5 million as a business loan to support your business, thanks to the partnership between the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Sterling Bank. Number of Applications Giving an update, the agency disclosed that over 200,000 businesses submitted applications for […]

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Get Ahead: Use an EMI Calculator to Your Personal Loan’s Advantage

When it comes to getting a personal loan, a personal loan emi calculator is an essential tool for determining your repayment plan. EMI stands for “equated monthly installment,” and it is the amount of money you will be required to pay back each month to repay your loan. An EMI calculator will help you understand how

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There Are 173 Legitimate Loan Apps In Nigeria, Check Them To Avoid Scams

There are 173 legitimate loan apps in Nigeria, according to the latest approval notice issued by the Federal Competition and Consumer Protection Commission (FCCPC). Out of the 173 loan apps that got the green light from the consumer protection agency, 119 of them got full approval while 54 of the digital lenders got conditional approval.

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CBN P-AADS Fund (Agripreneur

10,000 Bauchi Farmers To Get NGN5.7billion Loan from CBN

Each of the 10,000 wheat farmers in Bauchi will receive at least NGN370,000, totalling NGN5.7 billion from the Central Bank of Nigeria (CBN) for the dry season farming. In addition to the loan, six bags of urea, four bags of NPK fertilizer, pumping and spraying machines, CBN Comptroller, Bauchi Branch, Saladu Idris, said on Thursday.

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BVN of COVID-19 Loan Defaulters Will Be Blocked – NMFB Boss Vows To Invoke GSI

The managing director of NIRSAL Microfinance Bank (NMFB), Alh. Abubakar Kure, has vowed that the Bank Verification Number (BVN) of COVID-19 loan defaulters will be blocked. In an interview, the NMFB boss disclosed that Global Standing Instruction (GSI) would be implemented on bank accounts of loanees after the end of the moratorium and deduction would

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Statistics Show Bank Loan Terms, FG Policies Affect Youths Access To Credit Facility in Nigeria

One of the impediments to business financing in Nigeria is either bad policies from the government or stringent terms by the banking institutions or both. Nigerian youths are mostly affected by the challenges because small business owners in the South, West, North, and East are not able to achieve business goals due to high interest

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