MARKET UPDATE
Advertisement Topt

TheCable

Tag "loan"

FG: Public servants not repaying housing loan

    FG: Public servants not repaying housing loan

Hannatu Fika, executive secretary of the Federal Government Staff Housing Loans Board (FGSHLB) has lamented over the non-repayment of loans collected by some public servants. Speaking on Friday when she inspected

0 comment Read Full Article

Abiodun: Amosun left empty treasury… I took N7bn loan to pay May salaries

    Abiodun: Amosun left empty treasury… I took N7bn loan to pay May salaries

Dapo Abiodun, governor of Ogun state, says he took a loan of N7 billion to pay workers’ salaries in May. Abiodun, who disclosed this while addressing leaders of the All

0 comment Read Full Article

FEC approves $1bn Chinese loan for power project

    FEC approves $1bn Chinese loan for power project

The federal executive council (FEC) has approved a fresh $1 billion Chinese loan for a power project. The approval was given at a meeting presided over by President Muhammadu Buhari

0 comment Read Full Article

Here’s how to get a single-digit interest loan from your bank

    Here’s how to get a single-digit interest loan from your bank

The Central Bank of Nigeria, on Monday, released the guidelines for its new credit policy, which is aimed at providing funds to the agriculture and manufacturing sector at a single

4 comments Read Full Article

Bank loans to private sector declines by N600bn in 18 months

  Bank loans to private sector declines by N600bn in 18 months

The total loans granted by banks to the private sector declined by N600.60 billion, from N16 trillion in the first

0 comment Read Full Article

FG to empower 2m traders with collateral-free loans

  FG to empower 2m traders with collateral-free loans

The federal government has launched a new initiative to empower two million petty traders between now and the end of

0 comment Read Full Article

World Bank approves $2.1bn loan for Nigeria

  World Bank approves $2.1bn loan for Nigeria

The World Bank says it has approved a loan of $2.1 billion for seven projects in Nigeria. Earlier in the

0 comment Read Full Article

EXCLUSIVE: Kogi borrowed billions from banks — despite Paris Club refund and bailouts

  EXCLUSIVE: Kogi borrowed billions from banks — despite Paris Club refund and bailouts

The Kogi state government obtained loans of at least N16 billion between May 2017 and January 2018, TheCable can report.

0 comment Read Full Article

Kaduna senators ask banks to reject ‘loan request’ of el-Rufai’s government

  Kaduna senators ask banks to reject ‘loan request’ of el-Rufai’s government

Senators from Kaduna state have accused Nasir el-Rufai, governor of Kaduna, of using private companies to procure foreign loans. The

0 comment Read Full Article

World Bank: African countries’ subsidies help the rich more than the poor

  World Bank: African countries’ subsidies help the rich more than the poor

Jim Yong Kim, World Bank president, says subsidies provided by African countries help the rich more than the poor. Speaking

0 comment Read Full Article
error: Content is protected from copying.