Browsing Tag
Loans
5 posts
FCMB Expands FastCash Loan Capacity to ₦500,000
First City Monument Bank has increased its FastCash instant loan threshold to ₦500,000, providing eligible customers with easier, digital access to short-term credit.
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.
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.
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.
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.