loan

BUA Group Secures $200 Million Afreximbank Loan to Drive Industrial Expansion and Boost Nigeria’s Export Capacity Detailed Summary Overview BUA Industries Limited, a leading Nigerian conglomerate, has secured a $200 million loan from the African Export-Import Bank (Afreximbank) to support its...

Government and Private Sector Loans Surge Despite Central Bank's Tightening Measures Despite the Central Bank of Nigeria’s (CBN) tightening monetary policy, Nigerian banks and discount houses borrowed ₦29.017 trillion through the CBN’s Standing Lending Facility in the third quarter of 2024...

AIRTEL AFRICA SECURES $200 MILLION IFC LOAN FOR NETWORK EXPANSION Overview: Airtel Africa has received a $200 million loan from the International Finance Corporation (IFC) to enhance its network infrastructure, focusing on rural areas to improve mobile connectivity. Key Details: 1. Loan...

NIGERIAN BANKS BORROWED N3 TRILLION FROM CBN 1. Banks Borrow N3 Trillion: Nigerian banks and discount houses borrowed a significant amount of N3 trillion from the CBN using the Standing Lending Facility (SLF) within a single week. The SLF is a tool used by the CBN to provide short-term...

Nigerians help me pay the loan I'm owing Palmpay, lady cries out Nigerian lady cries out over the unpaid debt she owes Palmpay, an online bank in Nigeria. She said she borrowed N32,000 from Palmpay but was only able to pay back N10,000. Since she couldn't clear her debts on the agreed day...

Financial decisions play a pivotal role in our lives. The prospect of taking a loan at work can be both tempting and daunting. While workplace loans may offer a convenient and accessible way to meet financial needs, it is crucial to carefully consider various factors before making this...