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 ...
Tag: Loans
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 ...
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' ...
