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‘Nigerian Women Are Better Borrowers Than Men’ – CBN

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The Central Bank of Nigeria has urged more women to approach the banks for small and medium scale loans because they will repay such grants better than their male counterparts.

Its Director of Corporate Communications, Mr Isaac Okorafor, said this during an event by the bank at the Lagos International Trade Fair in Lagos on Friday.

He also said that the CBN placed a high priority on women, and was increasing the number of females in its fold.

His words: “We have a special place for women and we have increased the number of women we have because we believe that women are more efficient, more reliable and more enterprising than men.

“It is easy to give more loans to women because they will pay back. They are not like those of us (men) who may not pay back.”

He explained further that if a woman had the naira note, the impact of the money would be greater than when it was given to a man.

While noting that the women were more enterprising, he said that they hardly come out to collect the single digit interest loans that the bank was giving to the small and medium scale enterprises, while those who come are not well organised and lacked the necessary collateral.

He also mentioned that many of the women did not have bank accounts where the loans could be paid into.

To address this challenge, he said that the CBN had been encouraging the women to organise themselves under effective cooperative units to be able to access the incentives.

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Burna Boy, Stefflon Don Unfollow Each Other On Instagram

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Burna Boy, Stefflon Don Unfollow Each Other On Instagram

Nigerian singer, Burna Boy and his girlfriend. Stefflon Don, have reportedly unfollowed each other on Instagram.

 

Information Nigeria recalls that last year, the self-acclaimed African giant unfollowed everyone on Instagram, leaving only Steff but as it is now, he has unfollowed her too.

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Worst police officers are better than the best criminals: Governor Abdulrazaq

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Worst police officers are better than the best criminals: Governor Abdulrazaq

Kwara State Governor, Abdulrahman Abdurasaq has stated that the worst policeman is better than the best criminal in Nigeria.

Governor Abdulrahman said this while receiving the three Senators representing the Kwara at the National Assembly who paid him a visit over the destruction of properties in the state.

He stressed that the majority of the officers are patriots who are equally committed to a greater Nigeria, and insisted that the events of the past few weeks especially the #EndSARS protest should not be framed in a way that might leave officers and men of the police demoralized or dejected.

The Kwara state Governor averred that demoralization of the security forces especially the police, might play into the hands of criminals who prefer anarchy to hurt their victims.

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#MadeInLagos: Good Album Is Not Davido’s Thing – Wizkid’s Fan

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#MadeInLagos: Good Album Is Not Davido’s Thing – Wizkid’s Fan

Nigerian music entertainer, Davido has been slammed by a gan of Wizkid over the latter’s newly released album, Made In Lagos.

The fan, a Twitter user @Tee_Classiquem, called out fans of Davido, for putting unnecessary pressure on him.

Omotayo who is also a staunch Wizkid’s fan, wrote that;

“Davido fans are putting unnecessary pressure on him, we all know good album aint Davido’s thing, this is how yah all pushed him last year and made Baba come up with mediocre album of the decade”

This is coming after so many bashing from Davido’s fans over Wizkid’s newly released album titled Made In Lagos.

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