Loan Guide
Tips on securing loans in Nigeria
Online loans provide a digital form of credit which is extended for a specified period of time, usually on fixed-interest terms, with the principal being repaid either on a regular installment basis or in full on the appointed redemption date. Here are the top 10 quick online loans and lending platforms in Nigeria in 2018. Loans play an important role in stimulating the Nigerian economy due to the relatively under-developed capital markets. Loans from traditional
There are a lot of entrepreneurs with great business ideas but they can’t implement them due to inability to get the start up fund (capital). However, there are some profitable small scale ideas that succeed with a ₦10,000 business loan in Nigeria. For some of these businesses, you do not need any raw material, office, license nor machines. LONDON USED CLOTHS (OKIRIKA) “Okirika” (or Okreka) is a colloquial term for the used cloths imported into
Agriculture loans in Nigeria are loans meant for a wide range of agricultural and farming purposes. Farmers are supposed to apply for loans to buy supplies for the cultivation of food grain crops along with other purposes such as horticulture, animal husbandry, aquaculture, and floriculture and sericulture businesses. Others purchases for which agricultural loans can be taken include construction of bio-gas plants and irrigation systems along with agricultural land through special types of agricultural finance. In 2016
People know about loans, but few understand the nature of local moneylenders and loan systems in Nigeria. While there may be options available to borrowers, for one to Borrow Cash successfully, there should be an avenue for proper guidance to loans with manageable Credit Risk. Why We Visit Moneylenders If you live in Nigeria, you already know how tough it is to get loans as a civil servant, business man (especially of the
Everyone deserves an abode, but we don’t all have the cash of a Dangote, Adenuga or Otedola to buy a house with cash. Thankfully mortgage loans in Nigeria provide us normal Nigerians with the opportunity to buy our own homes. These days, Nigerian banks are lending more money and virtually all banks in the country now have their mortgage arms, with branches spread all over the country. Home ownership through mortgage finance is not that
Student loans in Nigeria are designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. In Nigeria, the significance of education for the growth of the country is an issue that has engaged the government over the years. The Nigerian Students Loans Board was first established in 1972, and between 1973 and 1991 it provided loans totalling ₦46 million, to help Nigerian students finance
More and more start-ups or small-scale businesses in Nigeria are finding it hard to secure funds needed to operate safely, but there are possibilities for those who can learn about existing opportunities for loans and investments. In simpler terms, securing loans as a small business in Nigeria is not as tough as it sounds. Africa’s largest economy, Nigeria, is actually facing serious challenges currently. At no point in the history of the most populous black





