Credit Loan Archives — City Business News

November 25, 2021 No Responses

Ecobank Secures €100m Credit Facility From EIB

By Moses Ebosele, ebosele@hotmail.com Ecobank Group has signed €100 million credit facility with the European Investment Bank (EIB). A statement explained that the six year facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular...

October 2, 2021 No Responses

World Bank Approves $400m Credit For Nigeria

The World Bank’s Board of Directors has approved a $400 million credit for Nigeria from its International Development Association (IDA) for COVID-19 vaccine acquisition. A statement issued on Friday, in Washington, explained that the&nb...

April 23, 2021 No Responses

Zenith Bank MD Implores MSMEs On Compliance To Principles Of Credits

Zenith Bank Plc, has advised Micro, Small and Medium Enterprises (MSMEs) to be conversant with the five principles of credits as part of measures to boost chances of accessing funding facilities. The Group Managing Director of the bank, Mr Ebenezer...

February 3, 2021 No Responses

FirstBank Empowers Firstmonie Agents With Credit Facilities

First Bank of Nigeria Ltd., has announced the provision of credit facilities of up to one million naira to its Firstmonie agents across the country. First Bank’s Group Executive, e-Business and Retail Products, Mr Chuma Ezirim, in a statement...

January 1, 2021 No Responses

CBN Pledges Increased Access To Credit In 2021

Nigerian households will most likely have improved access to credit beginning from the first quarter of 2021, the Central Bank of Nigeria (CBN) has said The Credit Condition Survey Report released by the Statistics Department of the apex bank has...

March 29, 2020 No Responses

Daimler Negotiates $11.03b Credit Line

Daimler is in talks with lenders for a credit facility of at least 10 billion euros ($11.03 billion) to help the car company cope with the coronavirus outbreak. According to Bloomberg, an announcement on the final amount could come as...

March 10, 2020 No Responses

FG Disburses N15m Micro Credit Loan To 1,500 Women In Kebbi

The Federal Government on Monday empowered 1,500 women and youths in Kebbi with a N15 million micro credit to boost their businesses. News Agency of Nigeria, (NAN) reports that the disbursement was done through the National Directorate of Employment (NDE)...