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Tag "Loans"

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 2020. This is contained in a report released by the

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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 — the bank’s best quarterly record by the end of

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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 determines interest rate, will be reduced by 100 basis points

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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 major source of revenue before crude oil was discovered in

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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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Amaechi dodges question on Hong Kong as third party in Nigeria-China loan deal

  Amaechi dodges question on Hong Kong as third party in Nigeria-China loan deal

Rotimi Amaechi, minister of transportation, failed to answer a question posed to him during a Channels Television programme on why

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FLASHBACK: Kenyan lawyer says China flies in ‘cash bribes’ for African officials to accept loans

  FLASHBACK: Kenyan lawyer says China flies in ‘cash bribes’ for African officials to accept loans

China flies in raw cash via cargo planes to bribe African government officials to accept loans, a senior Kenyan lawyer

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Chinese loans: FG will protect Nigeria’s sovereignty, says Malami

  Chinese loans: FG will protect Nigeria’s sovereignty, says Malami

Abubakar Malami, minister of justice and attorney-general of the federation (AGF), says the Buhari administration will guard Nigeria’s sovereignty as

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Falana-led coalition to FG: Make full disclosure of all loans obtained so far

  Falana-led coalition to FG: Make full disclosure of all loans obtained so far

Alliance for Surviving COVID-19 and Beyond (ASCAB), a coalition of over 70 labour and civil society organisations (CSOs), has asked

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