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  2. Nigerian Education Loan Fund - Wikipedia

    en.wikipedia.org/wiki/Nigerian_Education_Loan_Fund

    The Nigerian Education Loan Fund (NELFUND) is a pivotal financial institution established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024. [1] It was signed into law by President Bola Tinubu on 3 April 2024, marking a historic step towards ensuring sustainable higher education and functional skill ...

  3. Bank of Industry - Wikipedia

    en.wikipedia.org/wiki/Bank_of_Industry

    LECON Financial Services, formerly Leasing Company of Nigeria Limited, was established as a wholly owned subsidiary of Bank of Industry Limited (BOI), formerly Nigerian Industrial Development Bank Limited, (NIDB) in 1989. It was set up to augment the activities of BOI by providing ancillary facilities to loan beneficiaries of the bank. [27]

  4. Peer-to-peer lending - Wikipedia

    en.wikipedia.org/wiki/Peer-to-peer_lending

    Other forms of peer-to-peer lending include student loans, commercial and real estate loans, payday loans, as well as secured business loans, leasing, and factoring. [ 8 ] The interest rates can be set by lenders who compete for the lowest rate on the reverse auction model or fixed by the intermediary company on the basis of an analysis of the ...

  5. Microcredit - Wikipedia

    en.wikipedia.org/wiki/Microcredit

    Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, and a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans.

  6. Best easy business loans of 2024 - AOL

    www.aol.com/finance/best-easy-business-loans...

    Lender. Best for. Bankrate score. Lendio. Fast and easy business loans. 4.6. OnDeck. Easy short-term lines of credit. 4.6. Fundible. Easy business loans for bad credit

  7. Federal Ministry of Labour and Employment (Nigeria) - Wikipedia

    en.wikipedia.org/wiki/Federal_Ministry_of_Labour...

    The Federal Ministry of Labour and Employment is the Nigerian Federal Ministry concerned with relations between workers and employers. It is headed by the Minister of Labour and Employment, who is appointed by the President , and is assisted by a Permanent Secretary, who is a career civil servant.

  8. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...

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