Category : Search result: soft loans

NELFUND Disburses N154.4 Billion in Loans to 788,947 Students in 18 Months

NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

NDIC Assures N2m Payout to Aso Savings, Union Homes Depositors After CBN Licence Revocation

NDIC Details N2m Payout for Failed Mortgage Banks

The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.

CBN Revokes Licences of Aso Savings, Union Homes Over Capital Deficiencies

CBN Revokes Aso Savings, Union Homes Licences

The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.

BII and FCMB Launch $50 Million Credit Facility for Northern Nigeria MSMEs

$50m Credit Boost for Northern Nigeria MSMEs

British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.

NADF Partners with Leadway & Verdure to Boost Agric Insurance

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.

Cross River Approves 500 Entrepreneurs for Single-Digit SME 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.

Enugu Govt Begins Fencing of ESUT After 19-Year Wait

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 Launch Agri-Loans for Women, Youth in Cassava Sector

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.

FG Targets 61% Reduction in $18M Lapsed World Bank Loans

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.

KDU VC Demands FG: Include Private Universities in NELFUND Now!

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.

How Strategic DFI Partnerships Are Unlocking Millions in Funding for Nigerian MSMEs

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.

How Strategic DFI Partnerships Are Unlocking Millions in Funding for Nigerian MSMEs

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.

Page 1 of 1