loans

Ghana Resort to New Borrowing from IMF, World Bank and Others

Ghana Resort to New Borrowing from IMF, World Bank and Others

In a significant move to address Ghana's ongoing economic challenges, Cassiel Ato Forson has been appointed as the new Finance… Read More

7 months ago

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

4 years ago

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

5 years ago

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

5 years ago

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

5 years ago

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

5 years ago

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

5 years ago

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

5 years ago

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

6 years ago

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

6 years ago

“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

6 years ago