There comes a point in our lives when we think ‘I need a loan’. But where does one get it? Well, today we will tell you about private loan lenders in Nigeria that can...
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President Muhammadu Buhari, last week sought the approval of the National Assembly for external borrowing plan of $29.960 billion to execute key infrastructure projects across the country between 2016 and 2018.
The loan, Presidency explained will help achieved projects cut across key sectors of...
buhari's borrowing plan
The Federal Government has so far disbursed N50 billion support loan facility to state governments.
The Minister of Finance, Kemi Adeosun, disclosed this in her presentation to the National Economic Council (NEC) on Thursday..
The minister said the disbursement of the facility was still going...
national economic summit
The Minister of Information and Culture, Alhaji Lai Mohammed, has revealed why President Muhammadu Buhari would negotiate for fresh loans with the Chinese government.
Mohammed said the government must resort to borrowing, in order to finance the 2016 Budget, noting that government revenue had...
Have a good reputation with your bankers
You must have a very good reputation with your bankers if you want your loan request granted. When you know your bankers and your bankers know you, they can convince the several panels of people waiting in line to scrutinize your request. The more...
Nigeria has asked the World Bank and African Development Bank for $3.5 billion in emergency loans to fill a growing gap in the 2016 budget, FT reports.
The budget, which is currently at the national assembly, was predicated on $38 per barrel of crude oil, but prices have already fallen to $30...
The Apex bank in Nigeria, Central Bank (CBN) has confirmed that Nigerians will be able to take bank loans using their reputation, generators, deep freezers, school certificates, farm produce such as rice and beans, and many unconventional properties.
CBN official said the apex bank will be...
An unremorseful father identified as Okechukwu Ibekwe on Wednesday narrated how he in connivance with his wife, Oluchi used their five- month old son, Chidera as collateral for a N400 thousand loan, The Nation reports.
Ibekwe, who is currently in police net for allegedly selling his son to one...
The Lagos State Government has defended the N225bn it raised through the bond market, saying it is to meet the infrastructural needs of the state.
The Commissioner for Finance, Dr. Mustapha Akinkunmi, made the statement on Tuesday, at a meeting of government officials with stakeholders on the...
President Muhammadu Buhari, has sent a supplementary appropriation bill for the 2015 fiscal year to the Senate for approval.
The president, in a letter conveying his request, which was read on Wednesday, during plenary, by the Senate President, Bukola Saraki, asked the Senate to grant his...
Lagos State government has received $200m loan request following the deliberation of the report of Ad-hoc Committee on Foreign and Local debt to which the request was referred a fortnight ago to the Senate
Senator Kabiru Gaya (APC Kano South), in a motion for the consideration of the report...