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SMEDAN, Bank of Industry seal pact on N1b matching Fund Loan Scheme

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Industry (BoI) have signed a Memorandum of Agreement (MoA) for...

We deserve an explanation on that $3.3b loan

Tinubu’s administration owes Nigerians an explanation for the NNPC $3.3bn emergency loan By Atiku Abubakar In what appears to be a landmark economic decision of the...

Saving the Naira: NNPC Ltd gets $3 billion emergency crude repayment loan

The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency three billion...

Woman allegedly sets self, home ablaze for fear of disgrace over N70,000 loan

Pending a thorough police investigation, it is reported that a middle-aged woman in Abeokuta on Saturday, popularly known as Mama Dada, set herself ablaze...

Here we go again: Senate approves Buhari’s $5.8bn loan request, as DMO puts debt stock at $38b as at Sept

The Senate on Wednesday approved the sum of $5,803,364,553.50 USD and a grant component of N10 million USD under the 2018-2020 External Borrowing (Rolling)...

We Questioned N16B Erosion Management loan repayment because it’s premature, untidy, says Ekweremadu

The Chairman of the Senate Committee on Environment, Senator Ike Ekweremadu, said the Senate Committee on Environment identified and questioned the N16 billion proposed...

Senate approves Buhari’s $16.2bn, €1.02bn loan request

The Senate has approved President Muhammadu Buhari’s loan request for the sum of $16,230,077,718 (USD) billion, €1,020,000,000 billion (Euros), under the 2018-2020 External Borrowing...

The projects the $4 billion loan will execute, by Presidency

EXTERNAL BORROWING PLAN: PRESIDENCY LISTS PROJECTS, BENEFICIARIES A total of 15 projects, spread across the six geo-political zones of the country, are to be financed...

Nigeria’s debt may rise to $93b as Buhari wants N’Assembly’s nod to raise $6.1b to finance deficit

Up, up may go the debt stock of Nigeria to $93 as the Senate on Tuesday received a request from President Muhammadu Buhari to...

EFCC Witness Insists Adoke’s $2.2M Loan Repayment Transaction was Transparent

By Yemi Oyeyemi, AbujaA witness of the Economic and Financial Crimes Commission (EFCC), Mr Rislanudeen Mohammed, on Monday insisted that the $2.2 million transaction...

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