Category : Search result: N200 billion loans Nigeria


Govt Seeks Single-Digit Loans for Nigerian Fishermen

The Ministry of Marine and Blue Economy is negotiating with banks to provide affordable loans for fishermen. This aims to boost local fish production, fight illegal fishing, and create jobs. #Nigeria #Fisheries

When a Quick Loan Makes Sense in Nigeria

Discover the 5 key situations where a quick loan is a sensible financial tool in Nigeria, from medical emergencies to urgent repairs. Learn to borrow responsibly.

Tinubu's 10 Defining Decisions of 2025

From emergency rule in Rivers State to major tax reforms and security overhauls, explore the 10 pivotal decisions by President Tinubu's administration that shaped Nigeria's 2025. Read the full list and analysis.

Food Bank Launched for Vulnerable Women in Lagos

Tender Hearts Foundation partners with FCMB to launch a food bank initiative in Lagos, aiming to combat hunger among vulnerable women and families. Discover how this partnership empowers communities.

Actress Doris Ogala Sues Pastor Chris Okafor For N1bn

Nollywood actress Doris Ogala files a lawsuit against Pastor Chris Okafor, demanding N1 billion for emotional damage. A Nigerian lady reacts online, questioning the feasibility of the huge sum. Read the full story and public reactions here.

Avon Medical Unveils N200m ICU Facility in Lagos

Avon Medical Practice has opened a N200 million state-of-the-art ICU in Lagos, operating 24/7 with a specialist team. This investment aims to provide world-class critical care locally and reduce the need for medical travel abroad.

UAE invests $6bn in Africa's tourism sector

The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.

Coursera, Udemy Merge in $2.5B Online Learning Deal

Coursera and Udemy are merging in a $2.5 billion all-stock deal to create a massive online learning platform, expanding access to AI and tech courses worldwide. Learn what this means for Nigerian learners and professionals.

Ngige Granted Bail in ₦2.2bn Fraud Case

Former Labour Minister Chris Ngige has been granted bail by an FCT High Court in his ₦2.2 billion contract fraud trial. The court set strict conditions for his release. Read the full details.

NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

Fubara: ₦600bn in Rivers Coffers After Emergency Rule

Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.

NDIC Details N2m Payout for Failed Mortgage Banks

The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.

The Weeknd's $1B Music Deal Explained

The Weeknd's $1 billion catalogue deal with Lyric Capital is a strategic partnership, not a sale. He retains creative control and ownership, setting a new standard for artist equity in the music industry.

CBN Revokes Aso Savings, Union Homes Licences

The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.

Reps summon 3 DisCos over N100bn debt to FG

The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.

FG Takes Over N47bn Abandoned Kano Road Project

The Federal Government has approved N47 billion to reconstruct the long-abandoned 6.7km Wuju-Wuju Jakara road in Kano, a project started in 2013. Read more about this major infrastructure revival.

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