Category : Search result: business loans Nigeria


Apprentice Gets N10m and Shop from Igbo Master

A young man's story of receiving N10 million and a fully-stocked shop after serving his Igbo master in business has ignited online conversations about the Igbo apprenticeship model versus formal education in Nigeria.

Akara Seller Buys Motorcycle, Expands Business

A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.

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.

Oniru Business Day, Network Unveiled in Lagos

Lagos State and Iru Kingdom announce Oniru Business & Cultural Day for Feb 14, 2026, plus a new Business Network to drive investment and cultural development in the kingdom. Learn more.

Woman invests N650k in solar for drinks business, not home

A Nigerian businesswoman's decision to install a N650,000 solar system to power her cold drink freezer, rather than renovate her old house, has ignited a major debate online. Discover the full story and public reactions.

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.

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.

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.

$50m Credit Boost for Northern Nigeria MSMEs

British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.

Barber's Shop Demolished After Huge Investment

A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.

NADF Infuses Insurance into Agricultural Loans

NADF signs MoU with Leadway Assurance and Verdure Climate to provide insurance packages for agricultural loans, enhancing climate resilience for smallholder farmers across Nigeria.

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