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Posts published in “loan”

FirstBank Nigeria to offer Loans to its 86,300 Firstmonie agents

FirstBank of Nigeria Limited has announced the provision of loans of up to N1 million to its agents.

This is in furtherance of the need to promote the business of the Firstmonie agents.

The bank has over 86,300 Firstmonie Agents, spread across the country’s 772 local government areas.

Nigeria Banks Non-performing Loans Hits N1.5tn

The Nigeria banking sector non-performing loans rose byN333bn as of the end of the third quarter of 2020 to N1.5tn at the end of 2020.

These were as by statistics obtained by our correspondent from the Central Bank of Nigeria and the National Bureau of Statistics.

How To Apply For Africa Fintech Foundry 2021 Accelerator Programme

Africa FinTech Foundry (AFF) is an Access Bank initiative that aims to nurture, fund, and accelerate the growth of FinTech startups in Africa through its mentorship and accelerator programmes.

Africa Fintech Foundry 2021 Accelerator Programme 

Benefits 

Winners will walk away with 1 million Naira and access to partnerships with Accessbank and Lagos state and $25,000 worth of services per startup.

How To Apply For SMEDAN Loan – Ease Requirement

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is a Nigeria government agency created to assist small and medium scale businesses and business owners by providing them with loan, training and mentor-ship for faster growth.

How To Apply For SMEDAN Loan

Benefits of SMEDAN

·         Access to the SMEDAN Conditional Grant Scheme (Grants of up to N50,000 per MSME);

UK borrowing Hits Highest December Level on Record

United Kingdom (UK) government borrowing hit £34.1bn last month, the highest December figure on record, as the cost of pandemic support weighed on the economy.

How To Apply For LAPO Microfinance Bank Loan – Get Requirements

LAPO Microfinance Bank is a major national microfinance bank in Nigeria with headquarters in Benin city Edo state and Branches in Lagos.
The Microfinance bank has over the years pride itself as a friend of the low income earners with loans and other financial products targeted at the low income earners.

AB Microfinance Bank Loan Application Process

AB Microfinance Bank Nigeria is a foreign-owned financial institution, based in Lagos state, which offers a broad range of financial services to micro, small and medium-sized…

How to Apply For Bank Of Agriculture Loan – Checkout Requirements

Are you an entrepreneur looking for business loan to finance your agricultural business in Nigeria? If yes then continue reading because in this article I will be taking you through How to get Bank of Agriculture loan and the basic requirement to fulfill.

Bank Of Agriculture Loan

 

About the Bank Of Agriculture

Bank of Agriculture is a Nigerian government own bank that provides credit facilities (loans) to both small and large scale farmers and small businesses within rural areas.

JPMorgan Trims Loan Reserves on Hopes for Recovery

United States top bank, JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as it released some of the cash it had built up against coronavirus-driven loan losses, although the bank cautioned that demand for loans was likely to remain sluggish this year.

For most of last year, Main Street lenders were grappling with the economic fallout of the pandemic, setting aside tens of billions of dollars to cover potential loan defaults by struggling businesses and households.