Loans

Business

Anchor Borrowers Programme: CBN Moves Against Loan Defaulters

Sam Diala, THEWILL -
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...
Business

Analysts Divided Over Drop In Banks’ Non-performing Loans

THEWILL_ -
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...
Headline

World Bank Approves $1.5bn Loan For Nigeria

Abdullahi Maikudi, THEWILL -
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)...
Business

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

THEWILL_ -
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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Latest News

FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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