Tag: loan

From Financial Need To Chronic Debt: Sordid Tales Of Loan Sharks In South East, Nigeria

Chinedu Magbo, a 40-year-old Enugu-based farmer, urgently needed funds to support his poultry business in 2023. By and…

Knocks, outrage trail N170b loan approval by Enugu House of Assembly

Enugu State House of Assembly approves N170b loan for the state govt. The loan repayment will be for…

Chinese loan: Reps uncover over N5bn waiver illegally obtained by Chinese firm

The House of Representatives on Wednesday uncovered over N5 billion waiver granted to China Harbour on imported construction…

Loanspot Nigeria Launches its Digital Loan Products

Loanspot is a leading credit and loans content platform that focuses on consistent education and information on loans…

Odion Ighalo says goodbye to Manchester United

Odion Ighalo has bid farewell to Manchester United in a post on Instagram, saying his time at Old…

Banks tighten lending conditions as loan defaults worsen

Banks have resolved to further tighten lending conditions in the first quarter of next year (Q1’21) following continued…

FG to borrow $750m from World Bank on behalf of states

The Federal Government is in the processing of accessing a $750m World Bank loan for states, the Minister…

FG to apply for $11bn loan to construct Lagos-Calabar rail line

Minister of Transportation, Chibuike Amaechi on Monday said that the Federal Government was set to apply for a…

Borrow ideas from China, not money, Peter Obi tells FG

Vice Presidential candidate of the Peoples Democratic Party, PDP, in 2019 elections, Mr. Peter Obi, has said that…

Tottenham re-sign Bale from Real Madrid

Wales winger Gareth Bale has rejoined Tottenham Hotspur on loan from Real Madrid. Bale flew to London on…

Nigeria’s debt profile hits N31 trillion

Nigeria’s debt profile increased by N2.38trn between March and June 2020, the Debt Management Office(DMO) has revealed. It…

2023: Sagay hints on plots to keep presidency in the North

The Chairman of Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay, has warned those clamouring for jettisoning…