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.
Category : Search result: Afreximbank loan
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.
FirstBank Leads 2026 Nigeria Economic Outlook Session
FirstBank's Nigeria Economic Outlook 2026, themed 'The Great Calibration', will equip customers with expert insights to navigate the year's economic landscape. Join the conversation.
Elumelu: Africa Can Own Its Strategic Resources
Tony Elumelu declares Africa's capacity to own and manage its resources as Heirs Energies completes a major $500 million acquisition in Seplat Energy, backed by African banks.
Elumelu's Heirs Energies Buys $500m Seplat Stake
Heirs Energies, led by Tony Elumelu, has acquired a 20.07% stake in Seplat Energy for $500 million. The deal, backed by Afreximbank, marks a major shift towards indigenous ownership in Nigeria's energy sector. Read the full story.
Heirs Energies Buys $500M Stake in Seplat Energy
Tony Elumelu's Heirs Energies acquires a 20.07% stake in Seplat Energy from Maurel & Prom for $500 million, marking a major shift in indigenous ownership of Nigeria's energy assets. Read the full details.
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.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
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.
NELFUND Pays ₦997.8m Tuition for 5,386 KWASU Students
Nigerian Education Loan Fund disburses ₦997.8 million to cover tuition for 5,386 Kwara State University students for the 2024/2025 session. Read the full details of this major educational intervention.
PAPSS Cowry Targets Africa's $5bn Cross-Border Payment Loss
Afreximbank launches PAPSS Cowry to fix Africa's costly cross-border payments, saving $5bn yearly and boosting intra-African trade. Discover how this platform changes the game.
UNIOSUN VC Warns Students on Social Media, Promotes NELFUND
Osun State University VC, Prof. Clement Adebooye, advises new students against social media misuse and encourages applications for the NELFUND loan scheme to support their education.
Nigeria Gets $100m AfDB Loan for Youth Fund
Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.
UBA MD: Bank Credit is Not a Gift, Must Be Repaid
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
UK Halts $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
UK Pulls $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Nearly 800,000 Students Benefit from NELFUND Loan Scheme
Nigerian Education Loan Fund reveals 788,947 students have received loans totaling N140.88 billion. Discover the breakdown, top applying universities, and student experiences with the scheme.
$460m Abuja CCTV Project Failure Under Investigation
House of Representatives launches forensic investigation into failed $460 million CCTV project as Abuja faces worsening insecurity. Committee demands accountability.
AfDB approves $500m loan for Nigeria's budget
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
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