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Loan

Nigerian woman ‘abducted’ over inability to pay back N21,000 bank loan

“The truth is that those people want their money back, they have vowed not to let anybody know where she is except they have their money” The post Nigerian woman ‘abducted’ over inability to pay back N21,000 bank loan appeared first on Premium Times Nigeria.

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Access Bank’s W-Initiative launches its New Loan Scheme to create Awareness & empower Women-Owned Businesses

The W Initiative, home to over 12 million female customers, has launched a new TV ad campaign to create awareness on the W power loan -a product specially designed for its women-owned Businesses.   The TV ad campaign encapsulates the vision of the Bank to empower women from all walks of life by encouraging them to […]

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Ife Ibitokun: Should I Guarantee that Loan?

“Do not do that!” Guarantor B responded when asked to honor the obligation of a company he guaranteed. “Your business is with company C and not with me”. He was then reminded by the loan company that he endorsed the loan agreement as a guarantor and provided all supporting documents including his cheques. Most non-traditional […]

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NTA Will Compete With CNN If We Get $500m Loan: Minister

The Minister of Information and Culture,The Minister of Information and Culture, Lai Mohammed Lai Mohammed, minister of information, says the Nigeria Television Authority (NTA) will compete with the likes of Cable News Network (CNN), if the $500 million loan his ministry is seeking is approved. The minister said this when he appeared before the senate […]

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NTA Loan: You And Your Kids Will Pay ‘Dubious Loan: Reno Omokri Blasts Buhari

Reno Omokri, a critic of President Muhammadu Buhari has lambasted the president over the plan to borrow $500m to digitize the Nigeria Television Authority (NTA). Reno Omokri The Minister of Information and Culture, Lai Mohammed stated this during a Senate hearing on monday. He expressed that if the request is granted it will make the […]

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CBN denies suing rice farmers in Kebbi over unpaid loan

The CBN told this newspaper that, rather than filing a lawsuit against the defaulting farmers, the government “only extended the window for the farmers to repay their loans”. The post CBN denies suing rice farmers in Kebbi over unpaid loan appeared first on Premium Times Nigeria.

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Woman docked for allegedly refusing to pay back church loan

A judge’s gavel. A 40-year-old woman Funmilaya Ayodele, on Friday appeared in an Abeokuta Magistrates’ Court sitting in Isabo, for allegedly collecting N600,000 loan from a Church cooperative and refusing to pay back the money. Funmilayo, whose address was not provided, is charged with three counts of fraud, theft and breach of public peace. She […]

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Foreign Loan: Lawan queries ministries yet to appear before committee

The ministries are to defend their borrowing plan following President Muhammadu Buhari’s external loan request. The post Foreign Loan: Lawan queries ministries yet to appear before committee appeared first on Premium Times Nigeria.

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Nigeria asks China for $17 Billion loan

Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday explained why the Federal Government decided to approach the China-Exim Bank for a $17bn loan request. According to the finance minister, the World Bank, the African Development Bank, and other lending institutions were not showing much interest when Nigeria approached them during recession. Zainab […]

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Why we want $22.8 billion loan – FG

The federal government says the N22.8 billion loan would be used for infrastructure development. The post Why we want $22.8 billion loan – FG appeared first on Premium Times Nigeria.

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FG seeks approval of senate for $22.8bn external loan request for infrastructure development

<p class="">The Federal Government on Tuesday sought the approval of Senate for concessionary external borrowing of 22.8 billion dollars for development of infrastructure across the country.</p> <h1>Minister of Finance and National Ploclaning, Mrs Zainab Ahmed made the presentation on behalf of the federal government, when she appeared before Senate Committee on Local and Foreign Debts.</h1> […]

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