Loans
Why China Refuses to Give Nigeria Additional Loans
Nigerian loans abroad are piling up, especially those sourced from China, which has been on an upward trend since President Muhammadu Buhari‘s tenure began in 2015. This has been a source of worry to many Nigerians. However, Minister of Transportation Rotimi Amaechi feels there is too much noise around the…
Read More »African Countries with the Highest Public Debts Stocks
As most African countries’ public debts stocks continue to steadily rise, many have shown concerns about the debt crisis which shares similarities to the situation in the early 2000s. Several African countries, through a succession of excessive borrowing in the early 2000s, had gotten into considerable debt. Repayments began to…
Read More »6 Business Loans in Nigeria you can Apply for in 2022
If you are a Nigerian entrepreneur or business owner, there are several Federal Government Loan programs you can to apply for, to help you grow your brand in 2022. Through intervention loan programs, the Buhari-led government is trying diligently to revitalise the economy following the detrimental impact of the COVID-19…
Read More »Why the World Bank Approved $700m Loan for Projects in Northern Nigeria
The World Bank has approved a $700 million loan for Nigeria Agro-Climatic resilience in the Semi-Arid Landscapes (ACReSAL) project from its International Development Association. A statement by the World Bank says the loan facility will increase sustainable landscape management practices in northern Nigeria and strengthen the country’s long-term enabling environment…
Read More »Young Nigerians Share their Worrisome Experiences with Quick Loan Platforms
Nigeria now has a proliferation of many quick loan platforms such as Zedvance, Renmoney, Sokoloan and more, each of whom has their different packages and interest rates.
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