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Long term loans are one of the three categories of loans (short, medium, and long-term) offered by banks and other financial institutions in Nigeria. It is worth noting that loans have been of great help to individuals and businesses in Nigeria. With loans, individuals can foot their bills while businesses can easily match up to the competition in the market. In this article, we will extensively discuss long-term loans in Nigeria, where to get them, and how to apply for long terms loans in Nigeria. Kindly read down. Overview Long term loans are loans that take a more extended period to get repaid. This means that it may take more than five years to repay long-term loans. To get a clearer picture, let's explain using a business. Business A needs funds to purchase plants and machinery and finance a project. Instead of waiting until...

How to borrow money from jaiz bank loan in Nigeria. Jaiz Bank is a leading non-interest bank in Nigeria that offers various financial services, including borrowing options tailored to individuals and businesses. If you're considering borrowing money from Jaiz Bank, this article will walk you through the process and provide valuable insights to help you make an informed decision. We will explore how you can borrow money from Jaiz Bank, understand their unique non-interest banking concept, assess your borrowing needs, explore their financing products, and navigate the application process. Kindly read down! Overview Of Jaiz Bank Jaiz Bank is a prominent non-interest and Islamic bank in Nigeria with its headquarters in Abuja. Established in 2003 and licensed by the Central Bank of Nigeria (CBN), Jaiz Bank operates following the principles of...

The global economy has been profoundly affected by the far-reaching consequences of the COVID-19 pandemic, sparing no nation from its impact. Nigeria, like many other countries, has faced significant economic challenges. To alleviate the financial burden individuals and businesses face, the Nigerian government has introduced COVID-19 loans. In this article, we will guide you through applying for a COVID-19 loan in Nigeria, providing valuable information and steps to access this financial support during these challenging times. Who Is Eligible To Apply For COVID-19 Loans In Nigeria? Hospitality, which includes accommodation and food services Health (pharmaceuticals and medical supplies) Agricultural value chain activities Airline service providers Trading Manufacturing and value addition Any other income generating...

List of mfb loan app In Nigeria. Microfinance banks are vital in providing financial services to individuals and small businesses in Nigeria. With technology, microfinance bank loan apps have emerged as digital platforms for accessing loans and other banking services quickly and efficiently. In this article, we will discuss some of the top mfb loan app in Nigeria that empower individuals and businesses with easy access to loans. Stay tuned and ask us questions in the comments section. Top 18 Mfb Loan App In Nigeria Below are the top 18 MFB loan app in Nigeria; RenMoney Page Financials QuickCheck PalmCredit KiaKia Aella Credit C24 Branch FairMoney Carbon (formerly Paylater) OneFi Sokoloan Lidya CreditVille SnapCredit Specta Alat Kwikcash   Let's quickly explain each loan app....

List of loan defaulters in Nigeria. When a borrower fails to repay a loan as agreed upon with a lender, they are considered to be in default. In Nigeria, loan defaulting is a serious matter and can lead to several consequences for the defaulter. In this article, we shall list the loan defaulters in Nigeria and the possible consequences of defaulting on a loan. Stay tuned and pay close attention. Why Are Loan Defaulters Increasing In Nigeria? There are many reasons why the number of loan defaulters in Nigeria is rapidly increasing. Let's quickly take a close look at the common reasons; Lack of Sense of Responsibility some borrowers feel reluctant to repay their loans. They lack accountability and responsibility for their actions and inactions. This could be because they got the money quickly with less hassle. No Collateral Because most...