How to apply for Nigerian govt loan to build your dream home

Nigerian Government, through the Federal Mortgage Bank of Nigeria (FMBN), offers loan to eligible Nigerians seeking to buy, build, improve or renovate their homes under the National Housing Fund (NHF) scheme. Contents The Federal Government Loan is currently available to eligible contributors at an interest rate of up to six per cent per annum, with […]

Continue Reading

Bank loan of N4bn fully paid back ―Pastor Tunde Bakare

Founder and Serving Overseer of the Citadel Global Community Church (CGCC), Pastor Tunde Bakare, on Sunday, disclosed that the church has fully settled the N4bn loan it owed Wema Bank Plc for the construction of its Citadel edifice. He made the announcement during a Thanksgiving service held in Lagos to commemorate the church’s 37th anniversary. […]

Continue Reading

Tinubu seeks Senate’s approval for $8.6bn, €100m loan

President Bola Tinubu has officially requested Nigerian Senate approval for the sum of $8,699,168,559 and €100 million in the 2022 – 2024 borrowing plan. Godswill Akpabio, president of the Senate, read Tinubu’s letter at plenary on Tuesday, according to Nigerian Tribune. Findings revealed that the immediate past administration approved the borrowing plan at its Federal […]

Continue Reading

Indigent students should be given grant, not loan ―ASUU tells Tinubu

Nigeria’s Academic Staff Union of Universities (ASUU) has asked President Bola Tinubu to change the new Students Loans Act to an education grant for indigent students. ASUU National President, Prof Emmanuel Osodeke stated this on Channels Television’s Sunday Politics. According to the ASUU President, more than 90% of students won’t meet the “stringent requirements” to […]

Continue Reading

FG’s N10k Empowerment Loan in Osun at election time is corruption -Ezekwesili

Former Nigerian Minister of Education and co-convener of Bring Back Our Girls (BBOG) movement, Oby Ezekwesili, has accused Nigerian Government of deliberately corrupting the elections in Osun by launching the Trader Moni venture in the state three weeks before its scheduled governorship elections. In a widely publicised event, Vice-President Yemi Osinbajo, on September 3, 2018, […]

Continue Reading