Loans

Anchor Borrowers Programme: CBN Moves Against Loan Defaulters

September 08, (THEWILL) – Indications have emerged that the Central Bank of Nigeria (CBN) has begun moves against beneficiaries of its Anchor Borrowers Programme (ABP) who have defaulted in their loan repayments. This development follows the action by NIRSAL Microfinance...

Analysts Divided Over Drop In Banks’ Non-performing Loans

SAN FRANCISCO, December 19, (THEWILL) - Financial analysts are speaking in discordant tones over the 3.5 percent decline in Nigerian banks’ non-performing loans (NPLs) as of the third quarter of 2020 as shown by latest figures from the National Bureau...

World Bank Approves $1.5bn Loan For Nigeria

BEVERLY HILLS, December 15, (THEWILL) - The World Bank has approved Nigeria’s request for a $1.5 billion loan. A statement on Tuesday by World Bank Country Director for Nigeria, Shubham Chaudhuri said the facility is a five-year Country Partnership Framework (CPF)...

Nigerian Banks Record ₦42.4 Billion Decline In Non-Performing Loans

BEVERLY HILLS, December 14, (THEWILL) - A report by the National Bureau of Statistics (NBS) has shown that Nigeria’s banking sector non-performing loans dropped by N42.4 billion in three months. According to the Bureau’s report released recently, the total amount of...
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Trump Orders Flags Lowered in Honor of Dolly Parton as Tributes Pour In Worldwide

Trump called Parton “one of the greatest Country Music Singers of all time” and said her passing was “a loss for millions of people around the world.”
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