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Lawan gives Senate committee one week to consider Buhari’s loan requests

The Senate President, Ahmad Lawan, on Tuesday, referred the request of President Muhammadu Buhari, seeking to borrow $4.054bn, €710m, $125m external loans to the...

Borrowing to accumulate debt for next generations is criminal – Obasanjo tells Buhari Govt

Former Nigerian President, Olusegun Obasanjo has reacted to the move by the Federal Government to take fresh loans amid outcries by Nigerians over incessant...

JUST IN: Kano Assembly Approves Gov Ganduje’s N4bn Loan

The Kano State House of Assembly has approved a N4 billion loan the administration of Governor Abdullahi Ganduje sought for the completion of Tiga...

Buhari Seeks National Assembly approval for fresh external loans of $4bn, €710m

President Muhammadu Buhari has requested the National Assembly to approve for it $4,054,476,863 and €710 million.Buhari is also seeking the nation’s legislature’s approval for...

FG Lost N54.1bn In Exchange Rate On External Loan – Senate

The Senate has uncovered how officials of the Office of Accountant-General of the Federation made Nigeria lost a difference of $274.2 million (N54.1bn) on...

Lawan To FG: N/Assembly Won’t Approve Frivolous Loan Requests

Senate President Ahmad Lawan has said the National Assembly would only approve loans they could ascertain their targeted projects, saying there would be no...

Benue Assembly Approves Gov Ortom’s Request to Access N11. 6Bn Loan Facility

By Isaac Kertyo, MakurdiBenue State House of Assembly has granted approval to enable Benue State Governor Samuel Ortom access over N11.6 billion loan facility...

FG approves collection of $124.2m loans for FG

The Federal Executive Council has given approval for the collection of $104.2m and $20m loans from two international financial institutions for the development of...

IMF board to meet on Nigeria’s $3.4bn loan request

The International Monetary Fund executive board would soon meet over a fresh $3.4bn loan request from Nigeria.In a statement issued acknowledging the request, IMF Managing...

Anchor Borrowers:CBN tasks cotton farmers on prompt repayment of agric loans

The Central Bank of Nigeria (CBN) has called on the 30, 000 cotton farmers in Kano state, who benefited from agric loan under the...

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