Browsing Tag
Loans
4 posts
CBN Data Reveals Rise in Nigerian Home Loan Borrowing
New Central Bank of Nigeria data shows Nigerians are borrowing more for home purchases, accompanied by a decline in loan default rates across various sectors.
August 10, 2026
Bank bad loan ratios exceed CBN threshold following end of pandemic relief
Non-performing loans in Nigeria's banking sector surged to 9.94 percent in Q1 2026 after the Central Bank of Nigeria ended COVID-19 era regulatory relief measures.
August 5, 2026
FCMB and 247 Travels Partner to Launch Travel Financing Scheme
FCMB and 247 Travels have introduced a loan program offering up to ₦10 million for international air travel, allowing customers to pay for tickets in installments.
July 21, 2026
FCMB and 247 Travels Partner to Offer N10 Million Travel Loans
FCMB and 247 Travels have launched a financing scheme providing up to N10 million for international flight tickets, allowing customers to pay back over a period of three to nine months.
July 21, 2026