The Honest Truth About Getting Loans Without Collateral in Nigeria — The Novice
In Nigeria today, the word “loan” often triggers fear, not because people don’t want to borrow, but due to harsh ...
Tag: Loans
Nigeria vs the World Bank: Truth, Myths, and Money Moves – Drinks and Mics
On this fiery episode of Drinks and Mics, the team sits with Nnamdi Nwizu, Managing Partner and Head of Trading ...
CBN warns Nigerians against fake contracts, grants, loans
The Central Bank of Nigeria (CBN) has issued a fresh warning to Nigerians over the activities of fraudsters circulating fake ...
Why Taking a Loan in Nigeria Still Feels Risky
On Everyday Money Matters, we tackled one of the most misunderstood topics in personal finance: loans. In Nigeria, borrowing often ...
More loans, more pains and the season of discontent
I hear that the National Assembly has approved the external borrowing of $2.2 billion for the Tinubu administration to address ...
Nigerians pay off N4.05 trillion personal loans in three months
Personal Loans owed by Nigerians to commercial banks fell from N7.52 trillion in the first quarter of 2024 to N3.47 ...
Open banking: Nigerian banks ready to provide easy loans at lower interest rate – Adedeji Olowe
The Founder and Chief Executive Officer of Lendsqr, Adedeji Olowe, has said that Nigerian banks and fintechs are ready to ...
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 ...
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 ...
