Breaking: CBN Announces Double Dose For Households & Small & Medium Enterprises Affected By COVID-19
The Central Bank of Nigeria (CBN) has increased the Targeted Credit Facility (TCF) of households and that of Small & Medium Enterprises from initial N150billion to N300 billion. The expansion of the credit line, the apex bank said, is to enable it…
NISRAL Loan: Money Credited, Fraudently Debited As Groups Petition EFCC To Urgently Investigate
Groups of Cooperative Societies in Kogi State have petitioned the fraudentl activities of a consulting company ( Bio Global Investment Ltd ) for NISRAL Micro Finance Bank whose operation has raised dust on the prestigious Federal Government\’s…
Breaking: FG Injects N2.3 Trillion Loan To Boost Nigerian Economy
The Federal Government ( FG ) has announced plans to inject the sum of 2.3 trillion naira into the Nigerian economy to revive the small and medium scale enterprises that are badly affected by covid-19 pandemic. This announcement was made by the vice…
Breaking: Bank Of Industry ( BOI ) Releases pre- qualification Requirements For Her So Much Talked 0% Interest Loan ( Read To Get Ready )
The Bank of Industry ( BOI ) has released pre- qualification requirements for her so much publicised zero percent interest loan for interested Nigerians who have passion for entrepreneurship. You recall that Nigerian Senate has approved collection of…
Breaking: CBN Again Releases N432Billion To Farmers, Processors & Others
The Central Bank of Nigeria ( CBN ) has said it plans to fund the value chains of nine agricultural commodities to the tune of N432bn in the 2020 wet planting season. It outlined the commodities to include rice, cotton, oil palm, tomato, cassava,…
Breaking: CBN N50billion Beneficiary Loan Confirms Disbursement As NIRSAL Releases Warning Statement
One of the CBN N50Billion beneficiary has confirmed the ongoing disbursement of the loan. The beneficiary who pleaded for anonymity said he can authentically confirm to ourworldgist that he has received the sum of N360, 000 from NIRSAL MicroFinance Bank…
Breaking: Despite The Repatriation Of Abacha\’s Loot, House Of Rep Approves N850bn Buhari\’s Fresh Loan Request
Despite the repatriation of Late Sani Abacha \’s Loot House of Representative on Tuesday approved the whooping sum of N850bn fresh loan for President Muhammadu Buhari. The approval was authorised by the House plenary within seven minutes of sitting…
Breaking: COVID-19 – CBN Begins Disbursement Of Cash Transfer To Nigerians ( Check If You Are Eligible To Get )
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank has started the payment of the Central Bank of Nigeria (CBN) N50 billion Targeted Credit Facility,. The reserve is planned for helping families and…
Breaking: IMF Meets To Evaluate Nigeria’s $3.4bn Emergency Loan Request
The International Monetary Fund (IMF), is expected to recommend the approval of $3.4 billion in emergency funding for Nigeria as part of measures to cushion the impact of COVID-19 on the nation’s economy. Bloomberg reports that, the IMF Executive Board…