Category : Search result: loan rates


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.

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.

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.

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.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Asian markets bounce as Nvidia takes centre stage

Asian markets staged a recovery on Wednesday, November 19, 2025, as all eyes turned to Nvidia's earnings report amidst growing fears of an AI-driven stock market bubble. Discover the key figures and expert analysis.

Bitcoin Drops 5% to $94,483 in Major Sell-Off

Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.

Stocks Struggle on US Rates, Tech Rally Fears

Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.

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