The correlation result indicated that of the correlation matrix that all the explanatory variables (interest rate, lending rate and deposit rate) had effect on loan and advances. The results of the unit root test revealed that interest rate and lending rate were stationary at level 1(0) while ...
Overdraft Loan Enjoy Zero maintenance charges. No minimum account opening balance Up to ₦1.8M overdraw from your accounts on a monthly basis Get Flexible interest rates on the amount utilized Application Eligibility: You must have your salary account with Standard Chartered Bank Nigeria(SCB...
repayment amount. The Approximate Monthly Repayment figure for Standard Chartered’s Personal Loan is indicative and is not meant to be final or binding on the Bank. The Bank reserves the right to determine the final interest rate in accordance with applicable laws and amount that can be ...
The Central Bank of Nigeria (CBN) took immediate steps, rolling out a stimulus package to combat the effects of the pandemic on critical sectors including cutting the interest rate on its intervention facilities from 9 to 5 percent.1 But banking in Nigeria faces a challenging road ahe...
MTNN, Fidelity Bank Drive Intraday Gain in Equities Market December 24, 2024 Nigeria Bond Yield Clears at 19.73% as Trades Soften December 23, 2024 MRS Reduces Petrol Price to N935/Litre Nationwide December 23, 2024 Inside Africa Togo Gets Additional $58 million Loan from IMF ...
You can easily obtain a loan without the need for any documentation. Only your bank verification number (BVN) is necessary to confirm loan eligibility. Moreover, you can borrow up to ₦20 million with interest rates ranging from 5% to 15% with this loan app. ...
Do I have to visit the Bank to apply for FirstCredit How do I increase my chances of always accessing the loan How do I get higher loan amount What if I fail to repay my loan What if the loan options presented to me are not what I actually want ...
small medium enterprises, micro-businesses, and SMEs. With this loan platform, you have the opportunity of receiving up to #100,000 loan with an interest of 2.8% per month. However, if you are a firm seeking to apply for loan via this platform, then you should have a good bank ...
We are a bank and our superpower is giving you access to credit Instant loans, Digital Ajo, Savings, and more. Get Carbon CBN Licensed NDIC Licensed Slide 2 of 2. Stay in control of your money with a Carbon account Digital Esusu/Ajo Free credit report Monthly interest payout on your...
Usually, the lump sum provided is lower and the interest rate is higher for loans where no security is provided. Common Nigerian business loans include: Bank loan: does what it says on the tin. A bank lends money for business purposes. Secured business loan: the borrower must provide a ...