CBN Warns Against Fraudulent Investment Schemes, Loan Offers
The Central Bank of Nigeria has asked the public to beware of fraudulent loan offers and investment schemes.
The acting Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Thursday entitled ‘Beware of fraudulent loan...
First Bank Disburses N17bn Loans Via e-platform
First Bank of Nigeria Limited has said it disbursed over N17bn loans to individuals across the country through digital solutions.
The bank said this in a statement on Wednesday entitled ‘First Bank reinforces its financial inclusion drive; disburses over...
Bank Loans To Real Estate Operators Now N666.73bn
The total loans by banks to operators in the real estate sector rose to N666.73bn as of the end of second quarter of 2020 from N651.62bn in the first quarter of 2020.
The National Bureau of Statistics disclosed...
Loans To Households Rose In Q2 – CBN Report
Loans with collateral to households rose in the second quarter according to the Central Bank of Nigeria.
The statistics department of the CBN disclosed this in its ‘Credit Conditions Survey’ report for the second quarter which was...
Nigerians’ Concerns Should Be How Loans Are Utilised - DMO Boss
The Director-General, Debt Management Office, Patience Oniha, on Wednesday, defended the nation’s debt profile, saying there is nothing wrong with borrowing.
She said rather than complaining about the nation’s debt profile, what should be of...
Banks’ Loans Hit N33trn In 12 Months
Macroeconomic and Fixed Income Researcher at FBNQuest, Gregory Kronsten has listed the macroeconomic impact of the Covid-19 pandemic on the population.
In a report, he said one bright spot has been the 21 per cent increase in the loan...
