The world, in perspective.

Labor’s tax changes, along with high interest rates and falling prices, are now hitting the property market. But one sector is showing surprising growth.

SEOUL, Nov. 11 (Yonhap) -- Household loans by banks again rebounded in October f...

Osun State Governor, Ademola Adeleke, has denied taking new foreign loans, attributing the state’s $26.56m debt increase to a loan from the past admin. Read More: https://punchng.com/adeleke-osuns-26-56m-debt-rise-not-from-new-loans/

The Nigeria Deposit Insurance Corporation has expressed concern over debtors’ refusal to repay failed bank loans, citing tactics like asset concealment and Read More: https://punchng.com/ndic-laments-debtors-refusal-to-repay-failed-bank-loans/

A presidential aide, Sunday Asefon, has urged students in Kwara State to take advantage of the Nigerian Education Loan Fund and other government schemes. Read More: https://punchng.com/presidential-aide-urges-kwara-students-to-access-nelfund-loans/

The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has challenged President Bola Tinubu to account for the N5.8tn reportedly saved from petrol subsidy removal and over $100bn… Read More: https://punchng.com/obi-to-tinubu-account-for-n15-8tn-subsidy-savings-100bn-loans/

Chief Justice Sushrut Arvind Dharmadhikari and Justice G. Arul Murugan dispose of the case after recording RBI’s statement that it had already issued necessary circulars

Africa’s most populous nation Nigeria owed China $5.67bn in bilateral external debt as of the end of 2025, accounting for about 85 per cent of its total $6.68bn obligations to foreign governments, according to the World Bank. Read More: https://punchng.com/nigeria-owes-china-5-7bn-in-bilateral-loans-world-bank/

ING is reportedly seeking bids for about $500 million across 12 data center loans, including debt tied to a New Mexico Stargate site.

Founder and President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed that his company paid interest rates of up to 40 per cent to local banks while financing the construction of its Obajana Cement plant in Kogi State. Read More: https://punchng.com/we-paid-40-interest-on-obajana-loans-dangote/

The Treasury Committee chair says she is "shocked" after one university compared repayments to the price of coffee.

Defence cooperation deal signed as Syria's President al-Sharaa visits Riyadh for the second time in less than a month.

EFInA’s CEO, Foyinsolami Akinjayeju, advises SMEs to explore alternative funding beyond bank loans to support business growth and avoid unsustainable debt. Read More: https://punchng.com/efina-urges-smes-to-explore-funding-beyond-bank-loans/

The APC says President Tinubu’s education reforms have seen the FG disburse N372bn in student loans and enrol over 156,000 Nigerians in vocational training Read More: https://punchng.com/apc-credits-tinubu-with-n372bn-student-loans-education-reforms/

The APC Presidential Campaign Council says President Bola Tinubu’s administration has disbursed N372.62bn in student loans as part of its education reforms Read More: https://punchng.com/tinubus-govt-disburses-n372bn-student-loans-apc-pcc/

The Federal Government has introduced a USSD-based credit service to help Nigerians access loans for needs including food and solar power, while the UK government has unveiled new rules requiring… Read More: https://punchng.com/evening-recap-fg-unveils-ussd-loans-uk-migrants-face-10-year-wait-other-top-stories/

<p>Prime Minister Shahbaz Sharif on Monday directed that no leniency should be shown to banks who were slow in providing loans to farmers, small and medium enterprises (SMEs), and consumers under the Prime Minister’s Apna Ghar Scheme.</p> <p>The scheme was <a href="https://www.dawn.com/news/1996372/?utm_source=newskit_ai">launched</a> by the prime minister i

The Federal Government has introduced a USSD code, 347333#, for Nigerians to access consumer loans for food, solar, and other items via basic mobile phones Read More: https://punchng.com/fg-introduces-ussd-code-for-loans-covering-food-solar-others/

SEOUL, Nov. 2 (Yonhap) -- Household loans by major banks again rebounded in Octo...

Nigerians’ outstanding personal loans increased by an estimated N58.5bn in the second quarter of 2026, reaching N1.99tn at the end of June, as households faced persistent inflationary pressures and high borrowing costs. An analysis by The PUNCH of the Central Bank of Nigeria’s Second Quarter 2026 Economic Report showed that personal loans rose by 3.03 Read M

Nigerian banks are facing pressure to translate the N4.65tn raised through the recapitalisation exercise into increased lending to businesses, particularly manufacturers, following concerns that stronger capital bases have yet to deliver the financing needed to expand domestic production. The Chief Executive Officer of the Nigerian Economic Summit Group, Tay

<img align='right' src='https://images.jpost.com/image/upload/f_auto,fl_lossy/q_auto/c_fill,g_faces:center,h_720,w_1280/744375' alt=' From left: Isracard deputy CEO Eyal Ben-Haim, President Isaac Herzog, Michal Herzog and JFNA senior vice president Becky Caspi at the President’s Residence in Jerusalem, October 29, 2026. (photo credit: AVSHALOM SASSONI)' titl

Previous attempt to draw on European Union facility for Defence Forces vetoed by Paschal Donohoe

Applying for FAFSA may get messy as DOJ “ghost student” crackdown ramps up.

Government pleads scarcity when asked to fund third-level properly yet has money to pay off debt

President Bola Tinubu has defended Nigeria’s new borrowing, stating the loans will fund key infrastructure projects to create future economic opportunities Read More: https://punchng.com/tinubu-defends-new-loans-says-funds-will-build-future-opportunities/

Move could generate savings of €90m to the exchequer if repayment go ahead over next two years

The Government is planning to repay €8 billion in loans received during the financial crisis ahead of schedule.

SEOUL, Oct. 29 (Yonhap) -- Transactions of repurchase agreement (RP) loans among...

The Fed's benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts.

Constellation Energy will get $5 billion in government loans to modernize nuclear reactors. Most of the new capacity is already committed to Google, Amazon, and Meta.

President Bola Tinubu has asked the House of Representatives to approve external loans of $20.52bn and €1.045bn for the 2026–2027 borrowing plan. Read More: https://punchng.com/tinubu-seeks-reps-nod-for-20-52bn-e1-045bn-external-loans/

The Nigerian Education Loan Fund says it will stop students from benefiting from its loan scheme while their parents are also paying their school fees. Read More: https://punchng.com/nelfund-moves-to-stop-students-collecting-loans-while-parents-pay-fees/

Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans.

The National Credit Guarantee Company says it has backed N64.13bn in loans to 174,495 borrowers across Nigeria since it began operations last year. Read More: https://punchng.com/ncgc-guarantees-n64bn-loans-reaches-174495-borrowers/

Former Vice President Atiku Abubakar has faulted President Tinubu’s request to the National Assembly for a $20.52bn and €1.05bn supplementary external loan Read More: https://punchng.com/atiku-faults-tinubus-request-for-20-52bn-e1-05bn-loans/

A lawyer says he helped someone get a $100,000 discount through the scheme just yesterday.

<p>Government-backed Warm Home Loans scheme to help households cut energy bills by hundreds of pounds</p><p>Households across the UK can now cut their energy bills by hundreds of pounds a year at no upfront cost by applying for interest-free or “low-interest” loans to fund upgrades such as heat pumps, batteries and solar panels.</p><p>The government-backed W

President Bola Tinubu has asked the Senate to approve the Federal Government’s 2026–2027 Supplementary External Borrowing Plan, involving $20.52bn and €1.05bn, to finance infrastructure and development projects across the country. The request, which was transmitted to the National Assembly, was read by the President of the Senate, Senator Godswill Akpabio, d

The National Credit Guarantee Company has backed N64.13bn in loans to 174,495 borrowers across Nigeria, using N30.19bn in guarantee value since last year. Read More: https://punchng.com/national-credit-company-backs-n64-13bn-loans-to-over-174000-borrowers/

Tánaiste says allowing firms to apply for finance earlier in the process could speed up housing delivery

Finance Minister Taiwo Oyedele says Nigerian businesses need patient capital, experienced investors, and institutional support, not just loans, for growth. Read More: https://punchng.com/nigerian-businesses-need-more-than-loans-to-grow-oyedele-2/

SEOUL, Oct. 23 (Yonhap) -- The delinquency ratio on loans extended by banks rose...

The Nigerian Education Loan Fund has clarified that its student loan scheme is voluntary and not compulsory for all tertiary institution students. Read More: https://punchng.com/student-loans-voluntary-not-compulsory-nelfund/

The UK has paid £5.7bn in student finance for the first term of the 2026/27 academic year, the Student Loans Company has announced. Read More: https://punchng.com/uk-pays-5-7bn-first-term-student-loans-in-new-academic-year/

The Nigerian Education Loan Fund (NELFUND) has clarified that accessing student loans is voluntary and not compulsory for tertiary institution students. Read More: https://punchng.com/student-loans-voluntary-not-compulsory-for-tertiary-students-nelfund/

A senior councillor says concerns have been raised about the transparency of the process to approve the loans.