NADF Infuses Insurance into Agricultural Loans
NADF signs MoU with Leadway Assurance and Verdure Climate to provide insurance packages for agricultural loans, enhancing climate resilience for smallholder farmers across Nigeria.
Category : Search result: predatory loans
Cross River Clears 500 for SME Loans at 5% Interest
Cross River State approves 500 entrepreneurs for SMEDAN-Sterling Bank loans at 5% interest rate. Governor Otu's initiative aims to boost small businesses and economic growth across the state.
FSDH Bank disburses over N3bn to women entrepreneurs
FSDH Merchant Bank has disbursed over N3 billion in loans to women-led businesses over five years. Discover how this initiative is driving economic inclusion for Nigerian women.
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.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
FirstBank Lends N200bn to Nigerian SMEs in 2024
FirstBank has disbursed over N200 billion to Nigerian SMEs, tackling funding gaps with uncollateralized loans and business training to foster economic growth.
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.
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.
Enugu Govt Starts Fencing ESUT After 19 Years
Enugu State Government has commenced the N1.4 billion fencing project for ESUT's Agbani campus after 19 years to boost security and prevent land encroachment. Read more.
NADF, BOA offer agricultural loans to women, youth
NADF partners with BOA and IDH to provide affordable agricultural loans targeting women and youth in Nigeria's cassava value chain. Learn how this initiative boosts food security and creates jobs.
Nigeria aims to cut $18M lapsed loans by 61%
Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.
FG Pays N10m Interest-Free Loans to Varsity Staff
Federal Government disburses N10 million interest-free loans to tertiary institution staff. Over 9,000 workers receive payments in first batch with 12-month moratorium.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
FG Launches Interest-Free Loans for Varsity Staff
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
Rivers Varsity: 5,091 Students Get NELFUND Loans
Ignatius Ajuru University of Education commends NELFUND's student loan scheme as 5,091 students receive financial support for their education in groundbreaking initiative.
KDU VC: Include Private Varsities in NELFUND
Professor Debo Adeyewa, Vice-Chancellor of Kings University, makes urgent appeal for private universities' inclusion in student loan scheme to ensure educational equity across Nigeria.
DFI Partnerships Unlock Millions for Nigerian MSMEs
Discover how a leading Nigerian lender is collaborating with development finance institutions to provide crucial financing solutions for micro, small, and medium enterprises across Nigeria.
Nigerians Demand Scrutiny of Tinubu's Loan-Heavy Budget
Growing public pressure mounts on National Assembly to reject rubber-stamp approval of Tinubu administration's borrowing plans and ensure fiscal responsibility in 2025 budget.
DFI Partnerships Unlock Millions for Nigerian MSMEs
Discover how innovative lender partnerships with Development Finance Institutions are creating unprecedented access to capital for Nigeria's small businesses, driving economic growth and job creation across the nation.
UN Climate Fund Hits Record $13.5B, Defends Loans
The UN's Green Climate Fund announces historic funding year while defending its loan-based approach to climate finance in developing nations.
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