Arsenal's Nwaneri in Talks for Marseille Loan Move
Arsenal's teenage star Ethan Nwaneri is in talks for a loan move to French giants Olympique Marseille. The deal includes a €3m fee and no option to buy. Get the latest details.
Category : Search result: loan defaults
Banks Charge 60% on Loans, Pay 2.7% on Savings
CBN data reveals a massive gap between bank lending and deposit rates. Borrowers in key sectors face crippling costs while savers earn minimal returns. Discover the full breakdown.
Bad Loans Rise in Nigerian Banks Despite Increased Lending
Nigerian banks face rising loan defaults from households and businesses, pushing NPL ratio to 7%. The CBN warns of risks but assures system stability. Read the full analysis.
Ondo Governor Backs NELFUND Loan Scheme for Students
Ondo State Governor Lucky Aiyedatiwa pledges to mobilise students for the NELFUND interest-free loan, calling it a historic intervention for Nigerian youth education.
Aiyedatiwa: NELFUND Loan Scheme is Historic for Students
Ondo State Governor Lucky Aiyedatiwa pledges to mobilise students for the NELFUND interest-free loan, calling it a historic intervention to end poverty barriers to university education.
Oborevwori launches N39.3bn Ughelli flyover, N1bn MSME fund
Delta State Governor Sheriff Oborevwori launches the N39.3bn Otovwodo flyover to end Ughelli gridlock and a N1bn MSME loan fund, all without borrowing. Read about the MORE Agenda in action.
Ondo Governor Gives N50m Loans to Fallen Heroes' Widows
Governor Lucky Aiyedatiwa disburses N50 million in non-interest loans to widows of fallen heroes in Ondo State. Each beneficiary receives up to N500,000 to boost their businesses and support their families. Read more.
EFCC Probes Bomadi Chairman Over N800m Loan
EFCC investigates Bomadi LGA Chairman, Dagidi Andaye, for alleged forgery and illegal N800m loan. 15 councillors petition anti-graft agency, sparking impeachment move. Read the full details.
CBN Releases 2026 Bank Lending Rates for Transparency
The Central Bank of Nigeria has published the latest prime and maximum lending rates for Access Bank, UBA, GTB, Zenith, and others as of January 9, 2026, to guide borrowers. See the full list.
NELFUND disburses N927m to 11,685 students
NELFUND resolves payment issues, disbursing N927 million in unpaid upkeep allowances to 11,685 students. The fund also reports onboarding 325 institutions for the new session.
NELFUND disburses ₦927m upkeep allowances to 11,685 students
NELFUND begins payment of ₦927 million in unpaid upkeep allowances to 11,685 students for the 2024/2025 session. MD Akintunde Sawyerr announces expansion of loan scheme outreach. Read more.
FG Places 103 Loan Apps on Watch List, Delists 45
The FCCPC has placed 103 digital loan apps on a regulatory watch list and delisted 45 others. This move aims to protect consumers from data abuse and harassment. Verify app status before borrowing.
FG Releases 2026 Approved Loan Apps List
Discover the top 10 loan apps in Nigeria for 2026 as the FCCPC releases its approved list of 457 digital lenders. Compare interest rates, loan amounts, and key borrowing tips.
Banks Face Pressure as CBN Closes Easy-Money Window
Nigeria's banking sector braces for tough days as the CBN's termination of pandemic-era loan relief exposes hidden losses, pushing NPLs above the regulatory limit. Discover the sectors most at risk.
Full List: FG Approves Over 400 Loan Apps for 2026
The FCCPC has published its 2026 register of approved digital lenders. See the full list of over 400 compliant apps and protect yourself from illegal operators.
Govt Blacklists 45 Illegal Loan Apps in 2026 Crackdown
The FCCPC has blacklisted 45 illegal digital lending apps in Nigeria for predatory practices. Learn the full list and how to stay safe from harassment and data theft.
103 Loan Apps Face Ban as FCCPC Deadline Expires
Over 521 digital lenders now regulated by FCCPC as new rules take effect. 103 unregistered apps face enforcement. Discover the key provisions and sanctions.
Nigerians Use 'Loan Refund' Narration to Avoid New Tax Charges
A Nigerian lady's viral TikTok video reveals how vendors are asking customers to use 'loan refund' in bank transfer descriptions to evade new 2026 tax laws, sparking a major online debate.
Court Orders NNPCL to Explain $3bn Afreximbank Loan
A Federal High Court in Abuja has mandated the NNPCL to provide full details of its $3 billion Afreximbank loan to HEDA Resource Centre. This landmark ruling champions transparency in Nigeria's oil sector. Read the full story.
Apply Now: FG Opens 2026 GEEP Loan Portal for ₦300k
The Federal Government has launched the GEEP loan portal for 2026, offering Nigerians interest-free loans up to ₦300,000 to boost small businesses. Apply now at geep.nsipa.gov.ng.
Chukwueze Opens Up on AC Milan Exit, Thriving at Fulham
Super Eagles star Samuel Chukwueze reveals he lacked opportunities at AC Milan. Now on loan at Fulham, he's shining with 2 goals and 4 assists. Read his full story.
Endrick Joins Lyon on Loan from Real Madrid
Brazilian starlet Endrick moves to Lyon on loan from Real Madrid. The 19-year-old aims to secure playing time ahead of the 2026 World Cup. Full details on the transfer.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
FG Opens N5m Loan Scheme for Youths: Apply Now
The Federal Government invites employed Nigerian youths (18-39) to apply for loans up to N5 million via CREDICORP's YouthCred scheme. Learn details and public reactions.
Putin's Year-End Remarks: Demands Respect, Lists Gains
Russian President Vladimir Putin, in his marathon press conference, demanded 'respect' from the West and listed battlefield gains. This follows a new $105bn EU loan to Ukraine. Read the full analysis.
Nigerian Youths Can Borrow Up to N5 Million via FG's YouthCred
The Federal Government has opened a portal for Nigerian youths aged 18-39 to access loans up to N5 million under the new YouthCred scheme. Apply now for flexible, low-interest credit to boost your business or career.
Cross River Enforces Vehicle Colours from Jan 31
Cross River State mandates all commercial vehicles to adopt state-approved colours and security numbers by January 31, 2026. Non-compliance will attract sanctions. The move aims to boost safety and uniformity.
NELFUND Gives N154.4bn Loans to 788,947 Students
Nigerian Education Loan Fund disburses N154.4bn in interest-free loans to 788,947 students. CEO Akintunde Sawyerr reveals details and urges more applications from public institution students.
1,100+ Ondo Varsity Students Get N144.5m Loan
Adekunle Ajasin University confirms over 1,116 students benefited from N144.5m NELFUND loans for tuition. VC also details new hostel projects to enhance campus safety. Read more.
LP to Sue Ogun State Over N1.669 Trillion Budget Loan
Labour Party warns Governor Dapo Abiodun against borrowing to fund Ogun's 2026 budget, threatens court action. Details on the N518.9bn debt plan and political showdown.
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