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  • 02:55 Nigeria's Non-performing Loans Soar To $1.2B

    Nigeria's Non-performing Loans Soar To $1.2B

    by Headlines Africa Added 299 Views / 0 Likes

    Nigeria's Bankers Committee has resolved to press ahead with the naming and shaming of delinquent debtors and even threatened to apply market sanctions on affected individuals and corporations. This is despite the controversy it has raised and potential l

  • 00:36 Nigeria Set To Enjoy Zero Interest On All IMF Loans

    Nigeria Set To Enjoy Zero Interest On All IMF Loans

    by Headlines Africa Added 164 Views / 0 Likes

    Nigeria will now enjoy zero interest on all concessional facilities of the International Monetary Fund until 2018. The IMF's Managing Director, Christine Lagarde, disclosed this yesterday at the ongoing IMF/ World Bank 2016 General Meeting in Washington D

  • 05:07 Equity Bank CEO Says Bank Can Lend To Any Kenyan Who Needs A Loan

    Equity Bank CEO Says Bank Can Lend To Any Kenyan Who Needs A Loan

    by Headlines Africa Added 386 Views / 0 Likes

    For weeks, after legislators approved a law capping retail lending rates, the Kenya Bankers Association warned that price controls would restrict lending. August's data from the Central Bank, which indicated that private sector credit growth had fallen to

  • 03:03 Nigeria Introduces New Law To Ease Access To Bank Loans

    Nigeria Introduces New Law To Ease Access To Bank Loans

    by Headlines Africa Added 145 Views / 0 Likes

    Nigeria's acting president Yemi Osinbajo has signed a new law intended to ease access to bank loans for small and medium businesses. The legislation makes it possible for entrepreneurs to use cars and electronic appliances as collateral security for busin