The Federal Government(FG) through the Federal Competition and Consumer Protection Commission(FCCPC) has said it will release a list of illegal (unregistered) digital loan apps operating in Nigeria. It also said it would delist two legal (registered) loan apps from Google Play Store for harassing Nigerians. FCCPC on Thursday, said that digital money lenders that had
Read moreTag: Loan
FG to get fresh $1.2bn loan from Brazil for Agricultural programmes
The Federal Government on Tuesday explained why it decided to approach the Brazil for a $1.2bn external loan request to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly, the Minister of Finance, Budget and National Planning, Zainab Ahmed, who appeared before the House of
Read moreNigeria Approaches China for $17bn Loan
The Nigeria’s Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions like the World Bank and the African Development Bank were not showing much interest when Nigeria approached them during recession. The Minister of Finance, Zainab Ahmed, stated this in the Senate while defending the
Read more