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NCGC guarantees unlock N46.95bn loans for 67,512 Nigerians – Tinubu
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- Published
- Sep 28, 2026, 1:23 PM UTC
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People of Nigeria
Nigerians are the citizens and nationals of Nigeria, as well as people with ancestry from there. The name Nigeria was derived from the Niger River running through the country. This name was allegedly coined in the late 19th century by British journalist Flora Shaw, who later married Baron Frederick Lugard, a British colonial administrator. Nigeria is composed of various ethnic groups and cultures and the term Nigerian refers to a citizenship-based civic nationality.
More on Wikipedia ↗President of Nigeria since 2023
Asiwaju Bola Ahmed Adekunle Tinubu is a Nigerian politician serving as the 16th and current president of Nigeria since 2023. He previously served as the governor of Lagos State from 1999 to 2007 and senator for Lagos West in the Third Republic.
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By Muhyideen Jimoh President Bola Tinubu says the National Credit Guarantee Company (NCGC) has helped unlock N46.95 billion in loans during its first year of operations.
President Tinubu says NCGC guarantees have helped unlock N46.95bn in loans, supporting borrowers across 25 states and FCT.
ABUJA - President Bola Tinubu, on Monday, gave account of how his administration initiated the National Credit Guarantee Company to unlock at least N46.95 billion in loans in its first year of operations. He said the inspiration by his government was to broaden access to formal credit for households and small…