Loans

The Central Bank of Nigeria (CBN) has revealed that the country’s monthly debt service rose by $31.46m in one month to $101.29m in January 2022. According to data released on debt service repayment, the apex bank stated that figures…

Back in April 2020, the Federal Government of Nigeria introduced N50 billion Targeted Credit Facility (TCF)  stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.…

It is now a known fact that the take-home pay of most Nigerian workers can't even 'take them home' thus, making them to push for extra means of sourcing money to meet their financial demands. This probably has led to the high growth rate…

Looking for loans or grants to establish your business or you want to use it for something urgent?. This article is for you. Almost everybody preferred federal or state government. However, here is a compiled list of some you can apply for…

The Central Bank of Nigeria (CBN) has unveiled the Tertiary Institutions Entrepreneurship Scheme (TIES) designed to grant financial support to undergraduates and graduates with entrepreneurial skills. The CBN Governor, Mr Godwin…

The Central Bank of Nigeria (CBN), through Targeted Credit Facility (TCF), has disbursed N343.21billion to 726,198 beneficiaries, comprising 602,730 households and 123,468 Small and Medium Enterprises (SMEs). The CBN Governor, Godwin…

The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprise (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses…

The Central Bank of Nigeria (CBN) recently approved a Non-interest facility loan and now opened the application portal for households, SMEs and AGSMEIS under NIRSAL Micro Finance Bank. As earlier mentioned, interested applicant can go…

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has announced that it has secured N232 million credit facility from two banks to finance poultry production and cocoa export in Cross River state.  Aliyu…

Successful pitches to get up to N3,000,000 each Scheme has 3-month moratorium Application opens May 10

The Central Bank of Nigeria is giving collateral-free loans of up to N10,000,000 (Ten million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS). The sum of 66.72…

GTBank quick credit loan is right for both salary earners and self-employed entrepreneurs – Yes, for real! Many people see it as an impossible mission. In this article, we are going to break down every pieces of the info you need to qualify…

If your business is ready to take a leap or you just need working capital to keep your business running, a loan could be a good option for you. AGSMEIS is a federal government intervention funding scheme through CBN that promotes Agric…

The federal government recently introduced N75 billion Youth Investment fund but the CBN has now listed fresh conditions you must meet to receive the fund. The scheme’s aim is to financially empower Nigeria youth to generate at least…

Access Bank Plc will today commence the disbursement of the N50 billion interest-free loan and grant it set aside for micro, small and medium size enterprises (MSMEs) that were destroyed by hoodlums in the wake of the protest against police…

Access Bank Nigeria Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses. This information was disclosed by the…

It seems a lot of things are gradually changing rapidly, and the Minister of Youth and Sports Development, Sunday Dare, said that the Nigeria Youth Investment Fund (NYIF) underscored the importance placed on youths by the current…

Back in August, the Minister of Youth and Sports Development, Mr. Sunday Dare disclosed that the Ministry of Finance and the Central Bank of Nigeria will both make provision for funds towards the launch of the N75 billion National Youth…

Those that applied for the CBN stimulus package a couple of months ago have started receiving the loan package already. However, some people were contemplating then and if you one of them,  the opportunity is still existing as at the time…