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Buhari Seeks Senate Approval For $800m Loan

President Muhammadu Buhari asked the Senate on Wednesday to approve an $800 million loan to finance the National Social Safety Network Programme, NSSP.Buhari’s request...

Debts Hit N22.57tn as FG Seeks Fresh N819bn Loan

President Muhammadu Buhari , is seeking the National Assembly’s approval for a N819.54bn supplementary budget, which it planned to finance through domestic borrowing.This is...

NDE Empowers 237 Persons with Over N11 Million Loan In Kogi

From Noah Ocheni, LokojaThe Kogi State Coordinator of NDE, Mallam Abubakar Zakari over the weekend said the National Directorate of Employment (NDE), has...

FG to Pay IMF $3.51bn in 5 years as Debt Service

The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a...

Nigeria’s Capacity to Repay Our Loan is Adequate, says IMF

The International Monetary Fund (IMF) says Nigeria has adequate capacity to repay its loan.The executive board of the Washington-based institution said this in a...

A’Ibom Assembly approves N4.7B loan request from Gov Emmanuel

Akwa Ibom Assembly has approved Governor Udom Emmanuel's request to guarantee a loan of N4.7 Billion from Zenith Bank for Mimshac Digital Automobile Assembly...

Fresh $5.8bn Loan: SERAP Writes Buhari, Seeks ‘Moratorium’ On Borrowing

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “issue an immediate moratorium on borrowing by the Federal Government and the...

Reps Approve Buhari’s Request For $5.8bn Loan, $10m Grant

The House of Representatives has approved President Muhammadu Buhari’s loan request of 5.8 billion dollars and grant of $10 million.The loans are to be...

Kogi Assembly Probes N20bn Loan

Piqued by the outcome of the litigation arising from the allegation by the Economic and Financial Crimes Commission (EFCC) against the Kogi State Government...

SOSG Secures N8b CBN Loan For Farmers

By Muhammad Goronyo, Sokoto…approves N8b For Road ProjectsSokoto state government will soon secure N4 billion Central Bank of Nigeria (CBN), Commercial Agricultural Credit Scheme...

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