Category : Search result: credit management Nigeria


Nigerian Banks Eye Fresh Lending Growth in 2026

Nigeria's banking sector is set for a lending rebound in 2026 as inflation and FX pressures ease. Economists forecast 10-15% private sector credit growth. Read the full analysis.

N200bn Private Debt Fund Launched for Nigerian SMEs

ARM Investment Managers unveils a N200 billion private credit fund to provide long-term financing for scalable SMEs in Nigeria, addressing a critical gap in the economy. Discover how this initiative aims to boost job creation and economic growth.

Lagos Balogun Market fire death toll climbs to 10

The death toll from the Great Nigeria Building fire at Lagos's Balogun Market has reached 10. Recovery operations continue as officials work to reach ground zero. Read the latest updates.

Ecobank Nigeria Prepay $245M Eurobond Notes

Ecobank Nigeria Limited has successfully prepaid over 80% of its $300 million Eurobond, settling $245 million with bondholders ahead of the February 2026 maturity. This strategic move highlights the bank's robust liability management.

Lovonus MFB Launches Tech-Driven MSME Credit Plan

Lovonus Microfinance Bank unveils a five-year, technology-driven strategy to expand credit access for MSMEs and cooperatives. MD Adeola Ayibiowu details plans for digital growth and portfolio resilience. Read more.

Ecobank Nigeria Prepay $245M Eurobond Notes

Ecobank Nigeria has successfully prepaid over 80% of its $300 million Eurobond, repaying $245 million to bondholders before the February 2026 due date. Discover the details of this strategic liability management move.

25 Dead, 14 Missing in Yobe Canoe Tragedy

A canoe carrying 52 capsized in Yobe State, leaving 25 dead and 14 missing. Search operations continue. Read the full report on the Nguru waterway tragedy.

Dangote Refinery Offers 10-Day Credit, Free Fuel Delivery

Dangote Refinery introduces a 10-day credit facility and free logistics for petrol stations, slashing the gantry price to ₦699/litre. This strategic move aims to ease cash flow and distribution costs for dealers nationwide.

FG Orders Road Contractors to Stay on Site for Christmas

Works Minister David Umahi directs contractors on major highways to remain on site during the festive season to ease gridlock. FG also announces N263bn payment plan for contractors, pending verification of N2.13trn debt.

FG Targets N2b Savings as MDAs Go Paperless

The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.

BPP Saves ₦1 Trillion, Sets New Procurement Record

The Bureau of Public Procurement has saved Nigeria over one trillion naira in one budget cycle through price reforms. This historic achievement is being celebrated as a major win for transparency and fiscal discipline. Read more about this landmark feat.

FG to Save N2bn as MDAs Go Paperless by 2025

The Federal Government projects savings exceeding N2 billion in 2026 as Ministries, Departments, and Agencies transition to a fully digital Electronic Content Management system, eliminating paper-based processes.

Lagos Revives Local Emergency Committees

LASEMA revitalises Local Emergency Management Committees (LEMCs) across Lagos to strengthen grassroots disaster preparedness ahead of the festive season. Residents urged to act responsibly.

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