Aluta News The Nigerian Education Loan Fund (NELFund), says it has disbursed more than N2.5 billion institution fees to 12 schools across the country. The Spokesman of the Fund, Nasir Ayitogo, in a statement on Friday in Abuja, said that 22,120 students benefited from the exercise. According to Ayitogo, theContinue Reading
By Aluta News July 13, 2023 President Bola Tinubu has sought the approval of the Senate to obtain a loan of $800 million from the World Bank to finance the National Safety Net Programme of the Federal Government. The president’s request was contained in a letter read by the SenateContinue Reading
By Aluta News July 13, 2023 The Taraba Government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth N150 billion naira for projects. Gov. Agbu Kefas of Taraba made this known while presiding over the negotiation process with representatives of the banks in Abuja.Continue Reading
By Aluta News June 14, 2023 The Federal Government says it is working out modalities to begin students loan between September and October 2023. The Permanent Secretary, Federal Ministry of Education, David Adejo, disclosed this in Abuja on Wednesday while addressing newsmen on the bill signed by President Bola Tinubu.Continue Reading
By Aluta News March 11, 2023 The All Progressives Congress (APC) has cautioned commercial banks against granting loan request by Gov. Samuel Ortom of Benue, whose tenure will end on May 29. The Director of Communications, Alia/Ode Campaign Organisation, Mr Tersoo Kula, said this in a statement on Saturday inContinue Reading
By Aluta News Aug 9, 2022 The National Youth Service Corps (NYSC) has restated its commitment to partnering with financial institutions to provide start-up loans to corps members to become entrepreneurs. The Director-General of NYSC, Brig.-Gen. Mohammad Fadah, reiterated this on Tuesday at the closing of the orientation course forContinue Reading
By Aluta News July 27, 2022 Zamfara State Chapter of the Chamber of Commerce, Industries, Mines and Agriculture is making arrangement to offer a N5 billion loan across its members in the state The President of the chapter, Alhaji Hamza Musa, made the disclosure in an interview with newsmen inContinue Reading
By Aluta News June 26, 2022 First Bank of Nigeria Ltd. has announced the launch of the FirstGem fund (FirstGem loan) a single-digit loan scheme, targeted at female entrepreneurs. Mrs Folake Ani-Mumuney, the bank’s Group Head, Marketing and Corporate Communications, made the announcement in a statement on Sunday in Lagos.Continue Reading
By Aluta News May 18, 2022 The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back the loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back. Mr Sadeeq Ajayi, in CBN Development Finance Office, made the appeal on Wednesday in Ibadan at theContinue Reading
By Aluta News May 6, 2022 Benue House of Assembly on Friday approved request of Gov. Samuel Ortom’s loan of N41.39 billion for payment of salary, pension and other emolument arrears. The approval followed a letter of request from the governor to the Assembly which was read by the Speaker,Continue Reading
