On June 12, 2023, President Bola Tinubu granted approval to the Student Loan Bill, a groundbreaking initiative facilitating Nigerian students’ access to interest-free loans. Proposed by the outgoing Speaker of the House of Representatives, Femi Gbajabiamila, the bill underwent its second reading at the lower house on May 23, 2023, according to reports from The … Read more
In this comprehensive article, our aim is to provide an in-depth exploration of the diverse options available for individuals seeking access to loans in Nigeria, all without the requirement of a Bank Verification Number (BVN). The BVN-free nature of these financial avenues ensures flexibility for those who may not have this specific identification number or … Read more
Living in our modern, fast-paced society exposes us to unforeseen financial crises, from urgent medical situations to sudden car repairs and unexpected bills. Swift solutions to these challenges are essential, yet obtaining traditional bank loans can be daunting, especially if you lack a Bank Verification Number (BVN). Fortunately, Palmpay offers a convenient alternative for borrowing … Read more
Commencing a money lending business in Nigeria holds significant profit potential due to the surging demand for financial services amidst a burgeoning population. Yet, success hinges on meticulous planning, adherence to legal requirements, and a comprehensive grasp of the industry. This comprehensive guide outlines the intricate steps essential for initiating a successful money-lending business in … Read more
Discover the pathway to access the one million naira presidential palliative loan program, a collaborative initiative involving the federal government, State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representatives Members. Considered a game-changer in economic empowerment, this loan scheme entails the disbursement of 75 billion to MSMEs, … Read more
The Federal Government has recently launched the Presidential Conditional Loan Scheme for businesses in Nigeria, encompassing even nano businesses, as part of the broader Presidential Palliative Program. This initiative seeks to alleviate the impact of President Bola Ahmed Tinubu’s decision to remove the fuel subsidy on May 29, 2023. READ ALSO: ₦300,000 FG Trader’s Loan … Read more
Explore this guide for a swift acquisition of the ₦250,000 Federal Government Loan by NDE in Nigeria within 24 hours or less. The National Directorate of Employment (NDE), a dedicated government agency, focuses on empowering unemployed individuals in Nigeria to transition into employers. Their commitment involves providing crucial financial support. This unique opportunity is crafted … Read more
In a pivotal move to stimulate economic growth, the Nigerian federal government introduces the FG Trader’s Loan program, a transformative initiative offering substantial financial rewards to entrepreneurs nationwide. Do you Need a Boost? With an impressive loan amount exceeding 300,000 Naira, this program is specifically designed to bolster Micro, Small, and Medium Enterprises (MSMEs) as … Read more
Due to the current state of the Nigerian economy, starting and running a business has become a big deal. Rather than run a business, some have settled for white-collar jobs as their last resort. Today, we will be showing how to get a business loan from Starta. We encourage you to keep reading to find … Read more
Benefiting from diverse avenues of business funding not only elevates your enterprise but also alleviates the burden of continually seeking funds. In today’s discussion, we will intricately outline some of the fundamental strategies for identifying viable funding sources for your business. Embarking on the journey of entrepreneurship involves a crucial consideration – the financial aspect. … Read more