FG To Increase Loans To Artisans - Osinbajo Vice-President Yemi Osinbajo has said that the Federal Government will extend its different loan projects to more low and middle entrepreneurs in the country. He said this during a town hall meeting in Bariga/Somolu, Lagos State to felicitate...

NIRSAL Facilitates $375m Bank Loans To Agric Sector Since incorporated in 2013 by the Central Bank of Nigeria, a total of $375m has been facilitated by the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending from Deposit Money Banks for the agricultural sector. The Managing Director,...

FG, BoI Support Traders With Interest-Free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various markets across Lagos. The loan facility, tagged ‘Market Moni’ and ‘Trader Moni’, would see petty traders receive between N10,000 and N100,000...

DBN To Provide Credit Guarantees, Targets N60bn Loans   The Development Bank of Nigeria Plc plans to set up a subsidiary that will provide partial credit guarantees to lenders, while targeting as much as N60bn ($166m) of loans this year. The Chief Executive Officer, DBN, Tony Okpanachi,...

Loans: Development Bank Provides N5bn To 20,000 SMEs The Development Bank of Nigeria (DBN) is gearing up to provide N5 billion to 20,000 Small and Medium Enterprises (SMEs) in its first full year of operation on a sustainable basis, its Managing Director, Tony Okpanachi, has...

Afreximbank Okays $17bn Loans For Nigeria The African Export-Import Bank has said it approved $17bn loans for Nigerian entities between its commencement of operations in 1994 and December last year. The President, Afreximbank, Dr. Benedict Oramah, was quoted in a statement to have said this during...