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Tag "Loans"

Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

    Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the claim by Godwin Obaseki, Edo state governor, that the federal government printed N60 billion in March to support

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Development Bank: We disbursed N191.7bn loans to MSMEs in 2020

    Development Bank: We disbursed N191.7bn loans to MSMEs in 2020

The Development Bank of Nigeria (DBN) says it disbursed loans worth N191.7 billion to micro, small and medium enterprises (MSMEs) in 2020. DBN, in a statement on Thursday, said the

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Senate considers bill to strengthen AMCON against bad loans

    Senate considers bill to strengthen AMCON against bad loans

A bill seeking to strengthen the Asset Management Corporation of Nigeria (AMCON) in the recovery of loans has passed second reading at the senate. The bill, which is an act

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Kogi secures $72m loan to boost economy, food security

    Kogi secures $72m loan to boost economy, food security

The Kogi state government has secured two separate loans to boost its economy and food security. The loans, obtained from the World Bank and the International Fund for Agricultural Development

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CBN: Corporate loan defaults worsened for small businesses in Q4

  CBN: Corporate loan defaults worsened for small businesses in Q4

The Central Bank of Nigeria (CBN) says the rate of default on collateral loans worsened in the fourth quarter of

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Access Bank: Breakout growth in Q3 brightens outlook

  Access Bank: Breakout growth in Q3 brightens outlook

A breakout growth in earnings for Access Bank in the third quarter powered a 55 percent advance in profit quarter-on-quarter

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Cost of loans to reduce as CBN MPC cuts benchmark interest rate to 11.5%

  Cost of loans to reduce as CBN MPC cuts benchmark interest rate to 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has announced that the monetary policy rate (MPR), which

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Buhari: Nigeria would be in trouble if we hadn’t persuaded people to return to agriculture

  Buhari: Nigeria would be in trouble if we hadn’t persuaded people to return to agriculture

President Muhammadu Buhari says his administration saved Nigeria from trouble by persuading citizens to return to agriculture. Agriculture was Nigeria’s

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Atiku writes Lawan, asks n’assembly to reject non-viable loan requests

  Atiku writes Lawan, asks n’assembly to reject non-viable loan requests

Former Vice-President Atiku Abubakar has asked the national assembly to reject the approval of any new loan request meant for

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Don’t drag Jonathan into controversy on Chinese loans, Omokri replies Amaechi

  Don’t drag Jonathan into controversy on Chinese loans, Omokri replies Amaechi

Reno Omokri, a former aide of ex-President Goodluck Jonathan, has cautioned Rotimi Amaechi, minister of transportation, against dragging the former

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