NYSC members can now access up to N200,000 loans through the YouthCred initiative, following a new agreement between CREDICORP and the NYSC.
Federal Government launches the Tertiary Institution Staff Support Fund (TISSF), offering up to N10 million in loans to academic and non-academic staff of Nigeria’s tertiary institutions.
NELFUND disbursed N59.8 billion in student loans, but Nigerian students say upkeep funds for April are missing despite being marked as disbursed. ICPC begins probe.
President Bola Tinubu announces the launch of Nigeria’s National Credit Guarantee Company in 2025 to expand credit access and support financial inclusion
Nigeria’s Federal Government surpasses 2024 domestic borrowing target by N4 trillion, fueling inflation and economic risks.
Bank of Industry (BOI) secures a record €2 billion syndicated loan facilitated by Africa Finance Corporation (AFC)
Nigeria’s House of Representatives is set to deliberate President Tinubu’s $2.2m loan request to fund the 2024 budget deficit
Fitch predicts non-performing loans to further rise in Nigeria, driven by incessant inflation coupled with high interest rate.
The World Bank’s latest report reveals Nigerian banks’ non-performing loans have reached 5.1%, surpassing the prudential benchmark
NELFUND disburses N10 billion and receives over 350,000 applications to provide education access across Nigeria.
