Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
Nigerian economists endorse CBN's monetary policy stance maintaining MPR at 27%. Experts predict reduced lending costs to boost real sector growth. Read analysis.
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
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.
A Nigerian man's display of his over N1.3 million credit score on a loan app has generated mixed reactions online, with many warning it's a trap. Discover the full story.
FairMoney Microfinance Bank launches FlexiCredit, offering Nigerian professionals loans up to ₦5 million. Learn eligibility, interest rates, and how to apply.
FairMoney MD Henry Obiekea reveals how transparent digital lending can drive Nigeria's $1 trillion economy target by tackling financial exclusion affecting 40 million adults.
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.