…of 2026, despite repeated claims by some governors that they had not contracted fresh loans to meet the financial needs of their administrations. The increase, however, was concentrated in only seven sub-national governments, while 29 recorded reductions in their domestic debt stocks between December 31, 2025 and March…

…to key into the programme, assuring that they don't need to know anybody to access the loans, as all the information needed is on the internet for eligible students to apply. "President Bola Tinubu has made the money available; just make sure that you are qualified for it. The system he has allowed us to put in place i…

…check schemes, false ACH schemes, false applications for Economic Injury Disaster Loans ("EIDL") provided during the COVID-19 pandemic, and false applications for unemployment benefits. Farrow recruited Stone and Atwater into the conspiracy to work along with Fateru. Farrow and Fateru provided Stone and Atwater directi…

…The financial service provider offers various services, including savings, payments, and loans. The mobile money platform is considered a digital and mobile bank in Nigeria. What bank is sort code 040004?Sort code 040004 belongs to Opay Digital Services Limited (OPay) in Nigeria. The code is used to identify OPay for i…

…particularly enterprises that may find it difficult to obtain conventional business loans. Unlike a loan, the N50,000 support does not attract interest or require repayment, provided beneficiaries meet the conditions attached to the programme. The agency said the initiative is also aimed at encouraging entrepreneurship…

…for value. Tokenising real-world assets where ownership remains unchanged. Receiving loans backed by cryptocurrency collateral. The transfer of a virtual asset itself does not automatically attract VAT. Wrapping tokens, such as converting Bitcoin to Wrapped Bitcoin, where beneficial ownership remains unchanged. Deposit…

…ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Unlike loans, the money does not have to be repaid, making it one of the government's key interventions aimed at supporting Nigeria's smallest businesses.If you're planning to apply, here are the most important things you should know.What is t…

…construction of the road. The Executive Secretary of the Kaduna State Scholarship and Loans Board, Professor Yahaya Sale Ibrahim, said the road project had been welcomed by the people because of its historical significance and socio-economic benefits. Ibrahim said the road was an ancient route, popularly referred to as…

…BVN details accurate helps prevent delays when opening accounts, applying for loans, or completing other financial transactions.BVN details are confidential; you must not share them with untrusted persons.Checking BVN date of birthA BVN date of birth is the date of birth linked to your Bank Verification Number (BVN). I…

…period last year. The company also said it eliminated all outstanding foreign currency loans, reducing its exposure to exchange rate volatility.

…“The Nigerian people cannot continue paying today’s taxes to service yesterday’s loans while tomorrow’s generations inherit only debt,” the statement added.

…at 4.7 per cent. Interest income rose 33.8 per cent to N223.58bn, driven by growth in loans and investment securities, while net interest income increased 41 per cent to N137.39bn, despite a 23.6 per cent increase in interest expenses. Customer deposits grew 21.1 per cent to N3.62tn, while loans and advances increased…

…Nigeria.NIRSAL offers different loan types, including the Non-Interest TCF and AGSMEIS loans for businesses and households.How to check NIRSAL loan with BVN in 2026To check your NIRSAL loan status, visit the NIRSAL Microfinance Bank website and follow the steps below. Ensure you have your Bank Verification Number (BVN)…

UNIVERSITY lecturers, and other tertiary institution workers are increasingly embracing the Federal Government’s Tertiary Institutions Staff Support Fund (TISSF), a zero-interest loan scheme they initially rejected The post Why varsity teachers now take rejected TISSF loans appeared first on Tribune Online.

…private.According to his LinkedIn profile, Gammon worked as a mortgage banker at Quicken Loans between 2019 and 2022 and as a residential loan officer at Union Home Mortgage Corp. from 2021 to 22. He is the founding Director of Sweet Self Storage, currently in acquisition mode.How old are the actors from The Middle now…

…intervention against predatory lenders. ImagesMillions trapped by high-cost digital loansIn a statement, Oye said the rapid growth of digital lending has provided quick access to credit for many Nigerians excluded from traditional banking services. However, he argued that the sector has also become a source of financia…

…also outlined acceptable sources of funds, including government-backed student loans, official financial sponsorship, personal savings and money belonging to parents or eligible partners. However, it said applicants cannot rely on overdrafts, cryptocurrency holdings, stocks and shares, pensions or funds kept in unregul…

The CBN's latest Money Market Indicators showed the average maximum lending rate dropped in June 2026 after months of elevated borrowing costsThe decline came even as the CBN held its benchmark Monetary Policy Rate steady at 26.5% for the second consecutive meetingManufacturers are still feeling the pressure of expensi…

…black hole of “overhead costs” that no Nigerian can audit or trace. The government takes loans, collects taxes, and generates revenue, yet the tangible benefits of these inflows remain invisible to the citizen. It is a system designed not to serve the people but to sustain itself, a leviathan that consumes without prod…

…2029 presidential race.Debt crisis complicates rivalry as Senegal struggles with hidden loans and mounting financial challenges. Photo ImagesFaye endorses Macky Sall's UN Secretary-General bidLegit.ng earlier reported that Senegal's foreign ministry announced on Monday that President Bassirou Diomaye Faye has thrown hi…

…investments, routine dredging of waterways, access to single-digit agricultural loans, affordable solar-powered pumping equipment and the establishment of an agricultural marketing board to address recurring fish market challenges. The Chairman of Ijebu Igbo Fish Farmers Association, Mr Hafeez Bada, and Chairman of Moj…

…64.9 per cent decline in finance costs, which fell from N12.44bn to N4.36bn as total loans and borrowings were curtailed to N22.77bn from N43.92bn at year-end 2025. The brewing giant also successfully restored its retained earnings balance to N15.70bn from a deficit of N5.22bn as of 31 December 2025, elevating total eq…

…MFBFairMoney MFB is one of Nigeria’s most popular loan apps, offering instant loans of up to ₦3 million with flexible repayment tenures. It is widely used for personal and business financing.BranchBranch provides collateral-free loans and adjusts borrowing limits based on a customer’s repayment history, making it attra…

…paying the full purchase price upfront.Nigerians can now apply for FG phone and laptop loans, see eligibility requirements Photo: BloombergImagesThe Nigerian Consumer Credit Corporation (CREDICORP) is implementing the scheme alongside the Federal Ministry of Communications, Innovation and Digital Economy, with the dual…

…much of the increase in Nigeria’s debt stock resulted from the revaluation of foreign loans and the securitisation of Ways and Means advances. He said, “When this administration came into office, public debt was around ₦75 trillion. Many people simply compare that figure with today’s debt stock and conclude that this g…