Why I have not taken loan to develop Osun – Gov. Adeleke
Osun State Governor, Ademola Adeleke of Osun says he has not taken any loan since his assumption of office on Nov. 27, 2022. The governor […]
loan
Publish loan agreements by Obasanjo, Yar’Adua, Jonathan, Buhari – SERAP tells Tinubu
By JOY ADARA, Abuja – Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct appropriate ministries, departments and agencies (MDAs) […]
Governor Otu denies taking fresh loans since inception
By PATRICK ABANG, Calabar – Cross River State Governor, Senator Bassey Otu has denied taking nor signing any fresh loan, both domestic and foreign, […]
Zamfara Govt denies taking N14.2b loan
By HARUNA AHMED, Gusau – The Zamfara State Government has denied taking a N14.2 billion loan as indicated in a report by the Debt […]
AfDB signs $75m loan agreement to boost Indorama’s fertilizer production, export capacity
The African Development Bank (AfDB), has signed a 75 million dollar loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The bank announced […]
Makinde seeks Oyo Assembly’s approval for N150bn loan
Oyo State Governor, Seyi Makinde on Tuesday sought the approval of the State House of Assembly to assess a loan of N150 billion from […]
Senate approves Tinubu’s request to borrow $7.4b, €100m
The Senate has approved President Bola Tinubu’s request on the 2022-2024 external borrowing rolling plan of 7.4 billion dollars and 100 million euros. This […]
SMEDAN, Sterling Bank earmark N5bn loan for SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank have set aside N5 billion loan for small businesses. The Director-General […]
Chelsea loan Lukaku to Roma on season-long deal
Romelu Lukaku has joined Roma on a season-long loan from Chelsea, ending the long-running stand-off between player and club. The PA news agency understands […]
Economists express concerns over $3bn NNPCL loan
Financial economists are worried about the three billion dollars crude oil repayment loan secured by the Nigerian National Petroleum Corporation Ltd., to prevent the Naira […]
Loan sharks dangerous to economy – expert
A financial expert, Mr Okechukwu Unegbu, has decried the proliferation of “loan sharks” in the Nigerian financial system, describing them as dangerous to the economy. […]
N40bn borrowed by Delta LGAs to pay retirees – ALGON Chairman
The Delta Chairman of Association of Local Governments of Nigeria (ALGON), Mr Victor Ebonka has said that local councils in the state have secured a […]
NDE disburses N4.2 m loan to unemployed youths in Bayelsa
The National Directorate of Employment (NDE) has disbursed N100,000 loan each to 42 youths in Bayelsa State to embark on sustainable agricultural development. Speaking during […]
BUA Cement to borrow loan for expansion of its plant in Sokoto
BUA Cement says it is in discussion with the International Finance Corporation (IFC) to obtain a loan for expansion of its integrated cement plant in […]
Soludo signs revised budget of N170bn, borrows N100bn
Gov. Chukwuma Soludo of Anambra, has signed the revised budget of N170 billion into law. Soludo said that the budget christened; “Building off from the […]
Ukraine takes out €150m loan from German development bank
Ukraine will receive another loan of 150 million euros (158 million U.S. dollars) from Germany’s state development bank KfW, the government in Kiev announced. The […]
CBN gives N23.2bn in loans to begin new policy
The Central Bank of Nigeria (CBN) on Monday gave out N23.2 billion in loans to 28 beneficiaries, as it inaugurated its new “100 for 100” […]
Tanzania speaker resigns after clash with president
Tanzania’s parliamentary speaker Job Ndugai has resigned days after clashing with the president over foreign debts. The speaker said his resignation was a personal and […]
FG plans N12tn fresh borrowing, public debt to hit N50tn by 2023
The Federal Government hopes to push its public debt stock to N50.22tn by 2023, with domestic debt at N28.75tn and external debt at N21.47tn. This […]
$3.48bn loan: Nigeria risks losing assets to China – Experts warn FG
Economic and financial experts have warned the Federal Government that Nigeria risks losing key national assets to China in the event that it defaults in […]