Report reveals 70% of Lagos workers lack access to loans from employers
Despite being the commercial hub of Nigeria, seven out of ten workers (70%) in Lagos are unable to access loans ...
Tag: Loans
These five banks provided the most loans to manufacturers in 2023
In 2023, Nigeria's manufacturing sector, which contributes approximately 8% to the nation’s GDP, saw significant financial movements despite facing several ...
Top 10 sectors that got highest loans from Nigerian banks in 2023
In 2023, Nigeria's banking sector witnessed a substantial increase in lending activities amid interest rate hikes, reflecting both the resilience of ...
Why loan sharks are no longer a good choice in 2024
Predatory loans are loans that are malicious and do not serve the interest of the borrower. They usually attract very ...
The only time you should take a loan while repaying another
Letshego makes the process of disbursing your top-up funds much quicker since you have already met the KYC requirements.
5 Things to consider when choosing a loan company in Nigeria
The decision to take a loan requires careful consideration and planning else you would find yourself in an unplanned debt ...
N50 billion COVID-19 loan: How to repay your CBN/NIRSAL loan
NIRSAL Microfinance Bank has disclosed steps that beneficiaries can take to repay their COVID-19 loans.
CBN threatens to arrest farmers who fail to pay back loans
The Central Bank of Nigeria has stated that farmers who default in paying back loans gotten from the Anchor Borrowers' ...
Senate approves Buhari’s $16 billion, €1 billion foreign loans, $125 million grant
The Senate on Wednesday approved the sum of $16,230,077,718 and €1,020,000,000 as foreign loan requested by President Muhammadu Buhari. The ...
What you need to know about BOI’s SME loans
The Bank of Industry offers different loan facilities to both Small and Medium Enterprises (SME) and Micro, Small and Medium Enterprises ...
