290 Nigerian contractors Gets N472bn Loan Fom Shell
Some Nigerian contractors have received loans worth over N472bn under the Shell Contractor Support Fund, which was set up by Shell Companies in Nigeria to help vendors and suppliers in the oil and gas industry to secure...
In 2017, BoI’s Total Loan Exposure To SMEs Hit Over N112bn
The Bank of Industry’s (BOI) total lending to Small, Medium Scale Enterprises (SMEs) stood at over N112.5 billion in the 2017 financial period, the Chairman of the Bank, Aliyu Dikko has said.
Dikko, who gave...
Rivers Govt. Approves Revolving Loan for Civil Servants
The Rivers Government has approved a special revolving loan scheme for civil servants in the state without collateral. The Commissioner for Information and Communication, Mr Emma Okah, made this known to newsmen in Port Harcourt. He said...
Afreximbank, Islamic Corporation sign $100m loan deal for SMEs
The Islamic Corporation for the Development of the Private sector (ICD) and the African Export-Import Bank (Afreximbank) have signed a line of financing agreement for a USD 100-million facility.
The facility will be utilised by Afreximbank to...
The Acting President, Prof. Yemi Osinbajo, has requested approval of the House of Representatives for fresh $1.28bn and €9m loans under the 2016-2018 External Borrowing (Rolling) Plans of the Federal Government.
A letter he wrote to the House of Representatives on the matter was read...
