Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026
Corporate borrowers and state-backed entities paid coupon rates as high as 20% to access Nigeria’s debt capital market in the ...
Tag: loans
Banks’ Maximum Lending Rate Eases to 33.16% in June
Nigeria’s average maximum lending rate declined to 33.16% in June 2026, down from 34.78% in May, offering a slight reduction ...
CBN’s N10 Trillion Intervention: N193 Billion Loans Declared Lost
The Central Bank of Nigeria's (CBN) ambitious Intervention Funds Programme, aimed at bolstering various sectors with an estimated N10.3 trillion, ...
FG Pursues $1 Billion World Bank Loans to Address IDP Challenges
The Federal Government of Nigeria is in advanced negotiations with the World Bank to secure over $1 billion in loans ...
Senate Tasks Panel to Investigate N30tn CBN Loans
Senate President Godswill Akpabio has called upon the members of the panel investigating the N30tn "Ways and Means" loans acquired ...
Rising Inflation and Living Costs Drive Nigerians to Sports Betting and Loans.
As Nigeria grapples with skyrocketing inflation and increasing living costs, an alarming number of its citizens are turning to sports ...
US Expresses Concerns Over Chinese Influence in Nigeria Through Loans
In a newly revealed document, the United States Department of State has raised concerns over China's potential influence on the ...
CBN revocation of Microfinance Bank Licenses Sends Shockwaves Through Nigeria’s Economy. Here’s how it affects you.
Recently, the Central Bank of Nigeria (CBN) made a significant move by revoking the operating licenses of several microfinance banks, ...
Despite the high deliverables, Bankers in Nigeria earn N45,000 or $3 a day in 2023.
In a country like Nigeria, where the banking sector is a critical driver of economic growth and development, it is ...
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