loan

Ecobank Transnational Inc. experienced a roundabout turn from a 34 percent cut in loan loss expenses in the second quarter to a jump of 135.6 percent to N131.7 billion at the end of the third quarter. The figure is also close to two…

The Oyo State Government, on Wednesday, began the disbursement of the N1 billion Agric Support Loan to farmers across the seven geopolitical zones of the state under the Sustainable Action for Economic Recovery (SAfER). The state…

In response to China Exim Bank's withdrawal from funding the Kaduna-Kano railway project, the Senate approved a new Chinese bank - China Development Bank. The Senate and House of Representatives had approved China Exim Bank as the…

Commercial lenders have adjusted interest charged on existing contracts by 200 basis points or 2 percent to about 30 percent or higher depending on the bank. Inside Business authoritatively gathered from sources close to…

The Kaduna State Government and Sterling Bank have agreed to jointly fund a N5bn mortgage scheme to facilitate home ownership in the state. The fund will provide mortgages at single-digit interest rate. Umma Aboki, Special Adviser on…

Mr Shina Atitola, the Head of Strategy and Innovation in the bank, said in Lagos on Thursday at the inauguration of the platform that the N10 billion loan facility would be for customers and non-customers of the bank. According to him,…

The Federal Executive Council (FEC) on Wednesday approved N3.38 billion Africa Development Bank (ADB) loan of five years moratorium and twenty-five years repayment period. for cultivation of potatoes in Plateau State. The state government…

House of Representatives Public Accounts Committee on Wednesday set up a six-man panel to investigate alleged disbursement of N1.47 billion loan to unspecified beneficiaries by National Directorate of Employment (NDE). The resolution…

The Bank of Industry (BOI) in collaboration with the National Council of Women Societies (NCWS) on Monday disbursed N50,000 loan to 1000 women in the FCT. Mrs Toyin Adeniji, Executive Director, Micro Enterprises, BOI who doled…