lending – InfoStride News

Boost for Agricultural Lending: FG Forms Taskforce for NIRSAL, NAIA Recapitalization

Temitope Nlewemchi — Fri, 24 May 2024 21:47:40 +0000

The Federal Government inaugurated the project delivery team on Wednesday, tasked with the recapitalization and full commercialization of the Nigerian Agricultural Insurance Corporation (NAIC) and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL). This initiative aims to enhance the efficiency, management, and capitalization of these critical agricultural institutions, marking a significant milestone in [...]

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Stop interest, loan collections – FCCPC says

Temitope Nlewemchi — Thu, 17 Mar 2022 14:21:22 +0000

The Federal Competition and Consumer Protection Commission (FCCPC) has as part of its wide-ranging orders against unlicensed and illegal online money lending banks, has instructed them to stop compounding interest and loan collection practices that are presently undergoing investigations. This is as Nigerians have reacted to its ongoing enforcement exercise across the country against these [...]

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El-Rufai Fault CBN’s Decision To Increase Lending Rate

David Folami — Thu, 11 Aug 2016 23:11:59 +0000

The Kaduna state Governor, Nasir El-Rufai, has faulted the Central Bank of Nigeria (CBN’s) recent increase in lending rate. El-Rufai also said the Federal Government might be forced to reduce the lending rate through legislation. The CBN had earlier announced the increase in the lending rate from 12% to 14%, in a bid to tighten [...]

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International Women’s Day: Back a Dream with Kiva’s $25 Gift

Ade Adewale — Wed, 04 Mar 2015 21:34:24 +0000

More than seven billion people live on Earth. That’s seven billion hearts beating. Seven billion bodies breathing. Seven billion minds creating thoughts and ideas all over the world. Yet, so many face struggle everyday all around us. Even so, there is one thing that will never cease to be created regardless of the struggles: dreams. Dreams [...]

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Sri Lanka GDP growth below forecast, bank holds rates

Ade Adewale — Fri, 21 Mar 2014 10:43:24 +0000

Sri Lanka's economy grew a weaker-than-expected 7.3 percent last year, the country's central bank said Friday as it kept interest rates at multi-year lows as it looks to boost private investment and lending. The Central Bank of Sri Lanka said last year…

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