Nigerian banks handed over N5.1 trillion in credit to private sectors players in 2021 as total credit to private sector now stands at N36.7 trillion. The...
The Senate on Wednesday approved President Muhammadu Buhari’s request for a $5.8 billion loan under the 2018-2020 External Borrowing (Rolling) plan. The approval followed the consideration...
The House of Representatives has outlined conditions under which the lower federal chamber would give it’s approval to the fresh loan request of N4.89 trillion made...
Oyo State House of Assembly on Tuesday approved Governor Seyi Makinde’s request for N6 billion loan to bridge the infrastructural deficit in the state. The governor...
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding from First City Monument...
The People’s Republic of China has assured Nigerians that the country would not slip into a debt trap since its loans are mutually beneficial. Mr Cui...
It is no longer news that Nigeria intends to take additional loans in the coming years to close budget gaps. The news is that in the...
The Delta State Governor, Ifeanyi Okowa, has been criticised by the opposition All Progressives Congress (APC) over the recent N4 billion loan approved by the House...
Last week, Vice President Yemi Osinbajo’s Senior Special Assistant on Media and Publicity, Laolu Akande, washed him off any link to 2023 presidential election. In unmistaken...
Honeywell Flour Mills has questioned a statement by Godwin Emefiele, Governor of Central Bank of Nigeria (CBN) that it defaulted on its loan from First Bank...
The Senate on Wednesday approved fresh $1.5billion and €995million external loans for the Federal Government. The upper legislative chamber took the decision after the Chairman of...
Nigeria, Africa’s largest economy, had last year incurred an additional N14.5 trillion debt. This followed the decision of the Central Bank of Nigeria to convert the...
The House of Representatives on Monday accused Nigerian government officials of too much desperation in signing loan agreements at any condition. The Chairman of the House...
The Buhari Media Organisation (BMO) has applauded senators of the Peoples Democratic Party (PDP) for their role in the Senate approval of President Muhammadu Buhari’s $5.513...
The World Bank has announced the approval of $346m for two projects targeted at strengthening resilience and livelihoods in the Lake Chad region, comprising of Nigeria,...
The House of Representatives has put on hold the deliberations on the $22.79 billion credit line request by President Muhammadu Buhari. At the Wednesday sitting, the...
AFC approves $230 million loan for 9mobile – NEWS From Etisalat to 9mobile – the story in between Company’s debt history What’s the future? Technically, the...
The Ogun State Government has revealed that it is about obtaining a $350 million loan facility from the World Bank, less than a month to the...
The Central Bank of Nigeria (CBN) said the maximum credit issuable to agriculture, manufacturing, and other related sectors that are employment and growth stimulating to the...
For insisting that Nigeria must officially devalue its local currency, the naira, the Federal Government may have closed all intention of seeking for loan facilities from...
The World Bank is optimistic that Nigeria may exit economic recession this year, 2017. The bank however stated that it is not yet ready to grant...
Even after it was seemingly browbeaten into submission the first time, the Nigeria Labour Congress (NLC) has warned the Federal Government against any increase in the...
Liverpool of England have loaned out Nigeria’s U23 Eagles striker Taiwo Awoniyi to Dutch Eredivisie side NEC Nijmegen subject to a work permit. The Kwara-state born...
The government-backed N50 billion take-off loans to the private firms that emerged as distribution companies (Discos) and generating companies (Gencos) for the power sector, is on...
In its efforts of sheltering Skye Bank from going under, the Central Bank of Nigeria (CBN) has doled out a total sum of N100 billion in...
Turkish giant Besiktas have opened negotiation with Chelsea over the signing of Super Eagles defender, Kenneth Omeruo on loan for the new season. The 22-year-old has...
The Rivers State Chapter of All Progressives Congress (APC) has alleged that Governor Nyesom Wike of the state has received approval by the State’s House of...
Nifemi Daniel English Premier League giants, West Ham United, have offered erstwhile Super Eagles striker, Emmanuel Emenike, an opportunity to play top flight football again as...
