FBN Holdings reduces bad loans to 12.6% in 9 months
FBN Holdings Plc on Monday said the non-performing loans (NPLs) ratio for its commercial bank reduced to 12. 6 per cent for the nine months ended Sept. 30, 2019. This is contained in the company’s unaudited result for nine months as of Sept. 30, released by the Nigerian Stock Exchange (NSE). The result showed an […]
Getting business loans from banks Wema Bank (4)
By Yinka Kolawole We have had repetitions of the previous content on the aspect of this column dealing with requirements for the various packages under the Wema Bank credit facility for small businesses. Maybe, aside the over flogging, it must have settled in the mind of any interested individual to put action behind the information regardless […]
Getting business loans from banks Wema Bank (3)
In the last two editions of this column we outlined some basic features of Wema Bank’s small businesses loan package, ‘myBusiness Account’ in the three variants – Bronze, Silver and Gold.
Africa-China’s debt diplomacy
LOANS have been used as weapon of underdevelopment of Africa by International Monetary Fund, IMF, and World Bank. Loans from China are irresistible because they come with less strings attached on matters such as governance, democracy or human rights. Bureaucrats too can easily get a cut without much accountability. Yet, the loans are like a Trojan horse. Its consequences will be far-reaching.
GEEP: BoI disburses N15bn loans to 400,000 micro-enterprises
THE Bank of Industry (BoI) has so far disbursed N15 billion loans to about 400,000 micro-enterprises under the Government Enterprise and Empowerment Program (GEEP) of the federal government.
Getting business loans from banks
In the last two editions of this column we outlined some basic features of Wema Bank’s small businesses loan package, ‘myBusiness Account’ in the three variants – Bronze, Silver and Gold
