Nigeria’s N20.12 Trillion 2026 Deficit Risks Crowding Out Private Sector Credit – Analysts Warn
Nigeria’s planned N20.12 trillion budget deficit for 2026 could severely limit credit availability for the private sector, as the Federal ...
Tag: loan
Commercial and Merchant Banks’ Loans Fall to N52.66 Trillion in June 2025, Lowest in 14 Months
Loans extended by Nigeria’s commercial and merchant banks dropped to N52.656 trillion in June 2025, the lowest level recorded in ...
Nigeria’s 7 Most Downloaded Loan Apps as of May 2025
Loan apps continue to reshape Nigeria’s access to quick credit, offering financial lifelines to millions of users across the country. ...
Nigeria Receives $751.88 Million from World Bank to Support Economic Reforms
In a significant move to bolster Nigeria's economic stability and growth, the World Bank has disbursed $751.88 million to the ...
Private Sector Concerned Over New 26.25% Interest Rate Amid Loan Repayment Worries
Economists and members of the Organised Private Sector (OPS) have raised alarms over the Central Bank of Nigeria's (CBN) latest ...
FG Plans $750m World Bank Loan, Considers Telecom Tax Revival
In a bid to secure a new $750 million loan from the World Bank, the Federal Government of Nigeria is ...
Nigeria Anticipates $2.25 Billion World Bank Loan Approval in June
Nigeria is on track to secure a $2.25 billion loan from the World Bank, with final approval expected in June ...
FCCPC Plans New Framework to Tackle Growing Debt Crisis with Loan Apps in Nigeria
The Federal Competition and Consumer Protection Commission (FCCPC) has announced plans to establish a fresh regulatory framework aimed at tackling ...
World Bank Approves $500m Loan for Tinubu to Drive Women’s Empowerment in Nigeria
The World Bank Group has granted a loan of $500 million to Nigeria to support women's empowerment initiatives, aiming to ...
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