Loans
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As inflation continues to pressure Americans, they increasingly lean into credit cards. High rates concern them — and more are holding off if terms are too dear — but the tide still sees reliance on plastic support winning out. In the face of continuing inflation, Americans continue to seek unsecured credit. They are increasingly opting…
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The Bank of Communications, one of China’s largest commercial banks, has strengthened financial support for the green and low-carbon transformation of traditional sectors and the expansion of green sectors. By the end of 2023, the lender’s outstanding loans for green development had reached 822.04 billion yuan (about 115.6 billion U.S. dollars), climbing by 29.37 percent…
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Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike to “widely publish copies of the loan agreements and spending details of some N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, including details and locations of…
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The transfer window has closed, so MEZIESBLOG brings you details of Premier League player transfers… Check below for a comprehensive list of all the Premier League ins and outs from the 2024 winter transfer window. Tyreece John-Jules – Derby, loan Miguel Azeez – Atletico Baleares, undisclosed Zane Monlouis – Reading, loan Charles Sagoe Jr –…
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Amid rising interest rates and inflation, more American consumers are expected to use “buy now, pay later” payment plans heavily this holiday season. The short-term loans allow shoppers to make an initial payment at checkout, then pay the rest in installments, typically over a few weeks, even months. They also often incur zero interest but…
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Amid China’s economy struggles to recover and unemployment remains high, the country’s indebted population is growing at a rapid rate, Voice of America reported. VOA quoting a report from the Financial Times said that defaults by Chinese borrowers have surged to a record high since the pandemic, with authorities blacklisting 8.54 million people from economic…
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The Bauchi zone of the Academic Staff Union of Universities, ASUU, has reiterated its desire to reject students’ loans. It opted for grants to enable students fund their education. This was disclosed on Saturday by Associate Professor Lazarus Maigoro, the Bauchi zonal coordinator of ASUU. Maigoro stated that the Bauchi zone of ASUU was working…
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The Federal Government is currently engaging the World Bank on a fresh $1.5bn loan, findings by Sunday PUNCH have shown. Abbreviated as HOPE, the loan is titled ‘Nigeria Human Capital for Opportunities and Empowerment’ based on information obtained from the website of the Washington-based institution. The objective of the loan is “to strengthen systems for improved…
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The Central Bank of Nigeria’s Monetary Policy Committee has moderately hiked monetary policy rates to 18.75 per cent. The acting Governor of the Central Bank of Nigeria, Mr Folashodun Shonubi, disclosed this on Tuesday at the press briefing at the end of the 292nd MPC meeting. MEZIESBLOG recalls that the Central Bank of Nigeria (CBN),…
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The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment, MEZIESBLOG learnt. This became the second loan approved by the World Bank under the new President, Bola Tinubu. It is a scale-up financing for Nigeria for Women Programme, which was initially approved on June 27, 2018, with $100m financing.…
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The Federal Competition Consumer Protection Commission (FCCPC) in conjunction with the Independent Corruptb Practices Commision(ICPC) and the National Information Technology Development Agency(NITAD) have raided some loan application platforms over consumer rights abuse. Some of the raided companies included; GoCash, Okash, EasyCredit, Kashkash, Speedy Choice and Easy Moni. Leading the raid on some loan application firms…
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