A Nigerian lady identified as Busayo has taken to social media to share a message she received from a debtor whom she loaned N50,000. In a tweet shared on her handle, Busayo stated that she lent her friend the money recently and that the time for a repayment was long overdue. She said she woke … Read more
The Federal Government’s proposal for a loan of $22,798,446,773 has been denied by the China Exim Bank. (22.7 billion dollars). The House of Representatives announced this while voting to accept a counter request for a loan from China in the amount of N900 million on the chambers’ floor. The Kaduna-Kano section of the Nigerian Railway … Read more
A serving member of the NYSC, Ogbuka, has narrated how he got scammed by “yahoo boys”. Ogbuka shared this during an open discussion on Twitter. The victim said the fraudsters stole his phone, withdrew everything he had in his main account as well as his NYSC payment account . He added that the fraudsters created … Read more
A man has reportedly slumped after he allegedly borrowed a huge amount of money to play a bet. The bettor reportedly borrowed N200,000 and utilized it to play a bet, but he tragically lost everything. A video that is rapidly going viral online shows the man unconscious on the ground outside a Bet9ja store after … Read more
Peter Okoye, a member of the PSquare band, responds to the complaint of a social media user who called him out for not repaying the loan he had received. Following a loan of N7,000 from the musician, a Twitter user called him out for an overdue debt of N140,000. “Oga, respect urself and refund my … Read more
Controversial Nigerian crossdresser Idris Okunneye popularly called Bobrisky has admitted to taking a loan for his housewarming party. This is amidst the speculations that Bobrisky’s new apartment was rented and wasn’t built or bought by him as claimed. After much anticipation of his housewarming party, Bobrisky took to his Instagram page earlier today to announce … Read more
The Executive Vice-Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission has revealed measures it has taken against loan shark apps. Babatunde Irukera in an interview with Odinaka Anudu, disclosed that the agency had taken strong actions against loan apps and other firms violating the rights of Nigerian consumers. He revealed … Read more
– Advertisement – Claims by Afia Schwarzenegger that she used her own money to pay for the expenses of her wedding to ex-husband Lawrence Abrokwah have been disputed by Ayisha Modi. Afia Schwar had initially claimed she took a loan for the wedding. But she made a sharp U-turn to discredit her own account stating that … Read more
Newsonline will discuss how to apply for FMBN Loan Registration Form and disbursement update in this article. Are you searching for; Housing Loan, Home Renovation Loan, Construction Loan, Estate Development Loan and Rent to Own Loan, Diaspora NHF Mortgage Loan, The Federal Mortgage Loan Application Form covers all. Application Form Link Portal is now open for … Read more
Latest FG CBN Npower Nexit Business Loan Training News Today 8th March 2022 can be accessed below. Newsonline reports that the Management of the Npower Nexit Programme has confirmed that the Federal Government will Flag Off the Proposed CBN Nexit Business Loan Training Next Week. Recall that Newsonline Nigeria earlier shared an update stating that … Read more
How To Apply For CBN Agric Small and Medium Enterprise Scheme (AGSMEIS) Loan In Nigeria can be accessed below. Newsonline reports that the Agric Small and Medium Enterprise Scheme (AGSMEIS) is an initiative of the Central Bank of Nigeria (CBN) to empower agric businesses across the country. BREAKING: Despite Higher Forex Reserves, Naira Remains Under … Read more
How to access up to N500 Million SME Loan from Nigerian Banks can be accessed below. Newsonline understands that getting capital is a major problem for SMEs, particularly in Nigeria, the poverty capital of the world. However, the bank may still be the best bet to access quick and easy loans for the segment which … Read more
As FG set to conduct Nexit training for the exited Npower batches A and B beneficiaries this February, FG has said that 300k Nexit Scheme Applicants To Enjoy CBN Loan. Read details below: NewsOnline reports that the Ministry of Humanitarian Affairs, Disaster Management and Social Development Minister, Hajiya Sadiya Umar Farouk, stated this on Thursday … Read more
For the insurance industry to contribute significantly to the economy (GDP), there is a need for underwriters to take prompt claims settlement as a priority. This was the position of stakeholders, who gathered at the 2021 Insurance Directors’ Conference organised by the College of Insurance and Financial Management (CIFM) in partnership with the National Insurance … Read more
Cornerstone Insurance Plc and NEM Insurance Plc have announced an agreement to provide a group personal accident social welfare scheme known as ‘Eagle Social Welfare Scheme’ to all Nigerians across the country. Cornerstone Insurance The scheme is designed to provide medical relief to the populace in the event of domestic accidents, accidents at work, vehicular … Read more
The chairman of China’s biggest insurer is under investigation by the Communist Party’s anti-corruption commission, the agency said Saturday, as the government pushes a campaign against graft and a clean-up of the country’s chaotic financial industry. Wang Bin is being investigated for suspected “serious violations of discipline and law”, the Central Commission for Discipline Inspection … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. It was gathered that the third-quarter financial result of the bank … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. The bank had in November 2021, splashed N1 million to musician, Davido, transgressing the Buhari regime’s ban on the microblogging site. “We heard your GOAT called our name. Well… #ALATgoals #ALATmakessmile. #30BG #30billiongang,” Alat, a digital … Read more
A man identified as Diran Elijah, a 50-year-old house agent, died at a hotel in Agbado, Ogun State, after having intercourse with his former spouse, simply named as Idowu. Idowu, who has remarried and has 2 kids with her new spouse, allegedly divorced Elijah four years ago, according to Punch. The ex-couple recently revived their … Read more
Funmi Adenmosun The Economic and Financial Crimes Commission (EFCC) has arraigned Funmi Adenmosun, a former director of defunct Bank PHB, over alleged money laundering to the tune of N26.6 billion. The anti-graft agency, on Friday, arraigned Adenmosun on a 10-count charge bordering on conspiracy and money laundering before Daniel Osiagor, a judge of the federal … Read more
Tunde Ayeni For highly controversial Nigerian businessman, John Olatunde Ayeni, popularly known as Tunde Ayeni, it’s been one day, one trouble. The latest in the plethora of his travails is that he has lost another company, Ibadan Electricity Distribution Company (IBEDC) Limited, a DisCo he purchased in 2013, to the Nigerian government, six years after … Read more
AMCON MD, Ahmed Kuru The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON), Mr. Ahmed Kuru. Kuru was quizzed in connection to alleged diversion of assets. A top official at the anti-graft agency confirmed the development on Wednesday. Kuru has been accused of asset … Read more
A firm, Osigwe Foods and Agro-Industrial Company Limited, has slammed an N8.3 billion suit on Unity bank Plc before Justice Abimbola Awogboro of a Federal High Court in Lagos over alleged breach of contract occasioned by excessive charges and mismanagement of its current account. In an amended statement of claims, the firm is seeking the … Read more
Ahmed Kuru The Economic and Financial Crimes Commission (EFCC) on Wednesday interrogated the managing director of Assets Management Company of Nigeria (AMCON) Ahmed Kuru. It was gathered that Mr Kuru was questioned by EFCC operatives over alleged diversion of assets and selling of seized assets to cronies below valued prices. He was still with the … Read more
There is serious tension among investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would have lost N281,000.00 of your investment as the … Read more
Abubakar Suleiman There is currently tension tinged with outrage in the camp of investors and shareholders of Sterling Bank Plc led by Abubakar Suleiman, as the shares of the bank dipped drastically in the 2021 financial year. If you invested N1 million in the bank’s shares at the beginning of the year 2021, you would … Read more
Beatrice Adeyeye, a retired public worker from Ibadan Polytechnic in Oyo State, has expressed concerns about the disappearance of N450,000 from her Wema Bank account. The money was a loan from a cooperative group, and the retiree planned to use it to fund a personal project. According to FIJ, Adeyeye said that the debit notifications … Read more
Latest NMFB COVID-19 TCF Loan News For Today 5th January 2022 has emerged. In today’s latest NMFB COVID-19 TCF Loan News 5th January 2022, NewsOnline reports that the management of Nirsal Microfinance bank NMFB shared its first update for the year 2022 regarding Covid- 19 TCF loan. ‘According to NMFB, Applicants who applied for the … Read more
Are you having issues applying for the CBN Covid19 loan Application ongoing? According to Nirsal MFB, they wrote on their Twitter handle “NMFB Management assures all applicants that the Bank and her partners are working relentlessly to ensure this is resolved within the shortest time possible and will communicate same. But there is certainly a … Read more
We are pleased to inform the general public that the CBN COVID19 Loan is opened for fresh applications. Interested applicants should kindly read through this guide on how to apply. The only official website to apply is https://nmfb.com.ng/covid-19-support/ The Central Bank of Nigeria (CBN) introduces a stimulus package to support households and Micro, Small, and … Read more