loans
-
People & Money
BOI Denies Giving Unsecured Loans
The Bank of Industry has described as untrue and misleading some online media reports that it undertakes unsecured lending. In…
Read More » -
People & Money
Egypt Reforms Paying Off as Cairo Moves Closer to Another $1.6bn IMF Loan While Nigeria’s World Bank Loan Stalls
Egypt continues to reap rewards from a raft of economic reforms it took on four years ago. Faced with the…
Read More » -
People & Money
Nigeria gets Credit Tribunal as Buhari Signs BOFI Act 2020
President Muhammadu Buhari has signed the Banks and Other Financial Institutions, BOFI, Act 2020 into law, which among other things…
Read More » -
People & Money
Non-Performing Loans Climb by N50bn in 2 Months Over Credit Growth
The value of the non-performing loans of banks leapt to N1.17 trillion in August, N50 billion or 4.64% higher…
Read More » -
People & Money
South Africa Negotiating IMF Programme, after $4.2 Billion Conditionality-Free Loan
The South African government has asked the International Monetary Fund (IMF) for $4.2 billion. The money would come from a…
Read More » -
People & Money
Nigerian Banks Unlikely to Boost Lending Despite CBN’s Biggest Policy Rate Cut in 6 Years
Attempts by the Central Bank of Nigeria’s Monetary Policy Committee (MPC) to spur economic activities through a rare main interest…
Read More » -
Blended
Many SMEs Divert Business Loans to Building Houses
Blended: Stories of Nigerians Accessing Finance We speak to a Senior Relationship Officer in a Bank about how the…
Read More » -
People & Money
NHF Mortgage Loans Can Work for Middle Classes – Rasheed Odewunmi, Midramo Consulting
Where else can you get 6% mortgage for 20 to 40 years in Nigeria? You don’t need collateral security to…
Read More » -
Business Events
UBA Supports SMEs at the 33rd Lagos International Trade Fair
The Lagos Chamber of Commerce and Industry (LCCI) organized the 33rd edition of the Lagos International Trade Fair from November…
Read More » -
Money for Homes
“I delayed paying my children’s school fees while saving to buy my house”
I actually owed my children’s school fees for those three months while I coughed out the money from my savings.…
Read More »