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Nigeria’s debts have exceeded limit, contravened law – Adebajo

THE chief executive of CFG Advisory, Adetilewa Adebajo, says borrowings by the Debt Management Office (DMO) have exceeded the...

FG to complete railway projects with foreign loans

THE Federal Government has revealed plans to complete the Kaduna-Kano, Port Harcourt-Maiduguri and Kano-Maradi rail projects with multi billion...
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FG orders telcos, others to block access to online loan sharks

THE Federal Government of Nigeria has directed payment system operators, (PSOs) and telecommunications companies to stop providing access to...

Consumer Protection, Police, raid Gocash, Okash, Easy moni, other loan shark firms in Lagos

A joint operation spearheaded by the Federal Competition and (FCCPC), National Information Technology Development Agency(NITDA) and the Nigeria Police...
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Diversion of agric loans could attract 5-year prison term – CBN

THE Central Bank of Nigeria (CBN) has warned that borrowers who diverted funds provided under the Agricultural Credit Guarantee...

FG seeks $750m loan from World Bank to help states

THE Federal Government has announced that it is in the process of acquiring a $750 million loan from the...
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