The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency three billion dollars crude oil repayment loan. The …
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 in her rented apartment at Oke-Keesi,…
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) plan. The approval comes as the…
The Chairman of the Senate Committee on Environment, Senator Ike Ekweremadu, said the Senate Committee on Environment identified and questioned the N16 billion proposed in the 2022 Appropriation Bill for…
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 plan. Also approved was a grant…
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 with more than $4 billion…
Up, up may go the debt stock of Nigeria to $93 as the Senate on Tuesday received a request from President Muhammadu Buhari to raise the sum of N2,343,387,942,848 from…
By Yemi Oyeyemi, Abuja A witness of the Economic and Financial Crimes Commission (EFCC), Mr Rislanudeen Mohammed, on Monday insisted that the $2.2 million transaction in respect of the liquidation…
By Yemi Oyeyemi, Abuja The Unity Bank Plc admitted on Thursday that the $2.2 million received from former Attorney General of the Federation (AGF) and Minister of Justice, Mr Bello…
Release By Senator Dr. Ajibola Basiru, Chairman, Senate Committee on Media and Public Affairs Senate debunks alleged approval of ‘fresh’ N850bn loan The Senate has denied alleged report suggesting that…
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