NCDMB, BOI unveil $100m fund, local content hits 61%
NCDMB and BOI launch a $100m Equity Investment Scheme to boost indigenous oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Category : Search result: Federal Government loan scheme
FG Launches Device Credit for 15,000 Nigerians
The Federal Government, via CREDICORP, launches a national digital device credit programme to make smartphones and laptops affordable for over 15,000 working Nigerians, boosting digital inclusion.
240 Electric Tricycles Deployed to 12 Nigerian Universities
The Federal Government has launched 240 solar-powered electric tricycles across 12 universities in Nigeria to aid student transportation. Find out which institutions benefited.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
UK Halts $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
UK Pulls $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
FG Offers ASUU Lecturers 40% Salary Increase
The Federal Government has proposed a 40% salary increase for university lecturers as ASUU's ultimatum expires. Will this avert a nationwide strike?
Nearly 800,000 Students Benefit from NELFUND Loan Scheme
Nigerian Education Loan Fund reveals 788,947 students have received loans totaling N140.88 billion. Discover the breakdown, top applying universities, and student experiences with the scheme.
Lady Opens Store with NSS Allowance, Goes Viral
A Ghanaian lady has become an internet sensation after revealing how she saved her National Service Scheme allowance to open a fully stocked store. Her inspiring story has sparked massive reactions online.
Court dismisses NAIC appeal in N200bn agric dispute
Appeal Court affirms First Bank's victory over NAIC in N200bn agric credit scheme dispute. Justice Abang dismisses appeal as 'grossly misconceived'. Read the full legal analysis.
$460m Abuja CCTV Project Failure Under Investigation
House of Representatives launches forensic investigation into failed $460 million CCTV project as Abuja faces worsening insecurity. Committee demands accountability.
100 Free Homes for Kaduna Widows and Orphans
Widows and orphans in Kaduna receive 100 free homes through Adashe Women Housing project. Dr. Umma Sani's childhood homelessness inspired this life-changing initiative.
CSOs Petition EFCC Over Kogi LG Funds Diversion
Civil society groups uncover massive diversion of Kogi local government funds through Lokoja Voucher Scheme. EFCC receives petition demanding forensic audit and prosecution.
Workers Demand Full Pension Payment Amid Economic Hardship
Nigerian civil servants demand amendment to pension scheme for full lump sum payments to retirees battling economic hardship. Union calls for urgent reforms.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Nigerian Couple's $88,000 Wedding Loan Costs $158,924
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
NSITF Pays N75.8m Compensation to 3 in Port Harcourt
The NSITF has disbursed N75.8 million under the Employee Compensation Scheme to three beneficiaries in Port Harcourt, reaffirming its commitment to social protection for Nigerian workers.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
5 Govt Loans & Grants for Nigerians Under Tinubu
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
NSITF to criminalise non-compliance with compensation
NSITF plans to make it a crime for employers not to enroll workers under compensation scheme. Managing Director Faleye seeks stronger legal backing and increased penalties.
Oborevwori hails Navy's role in national stability
Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.
Kogi Denies LG Funds Diversion Claims Before EFCC
Kogi State Government dismisses EFCC petition on LG funds diversion as politically motivated. Commissioner challenges accusers to provide evidence of alleged fraud.
Delta State Seeks ₦1bn BOI Loan for Industrial Growth
Delta State Government plans to secure ₦1 billion loan from Bank of Industry to accelerate industrialisation and technology-driven manufacturing. Learn how this initiative will transform the state's economy.
Former Anchor Sentenced in Massive COVID Fraud Case
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
Sokoto's Agricultural Revolution: Desert to Export Hub
Governor Ahmed Aliyu is transforming Sokoto State into a major agro-export hub through irrigation, value addition, and strategic trade links. Discover how this SMART Agenda is creating jobs and boosting the economy.
41 Unity Colleges Closed Over Student Abduction Threats
Federal Government orders immediate closure of 41 Federal Unity Colleges nationwide following recent student abductions in Kebbi and Niger States. Stay informed about education security measures.
Lawyer: How to Stop Loan App Harassment in Nigeria
A Nigerian lawyer explains the illegal tactics used by loan sharks and reveals the government agency that can stop cyber-stalking. Learn your rights today!
Lady's N16k Loan Becomes N365k Debt from Loan App
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.
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