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Loans

Tier-1 banks lend MSMES N1.70trn in 12 months

IN ONE year, Nigerian tier one banks have lent a sum total of N1.70 trillion to customers in small businesses across various sectors. This is...

Funding infrastructure with external loans blamed for problems in Nigeria’s education, health sectors

AN economist has blamed the Nigerian government's reliance on external loans to fund infrastructural projects for problems in the country's education and health sectors. Nigeria's...

Amid concern for Nigeria’s rising debt, Buhari seeks approval for fresh $4bn, €71m loans

AMID concerns for Nigeria rising debt, President Muhammadu Buhari has asked the Senate for a fresh approval for over $4 billion and €710 million...
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Amaechi explains sovereignty clause in $500m Chinese loans

ROTIMI Amaechi, the Minister of Transportation has explained the sovereignty clause in the loan agreement between Nigeria and China. Amaechi during a conversation on the...

Corruption: $23.224b, N7.744trn unaccounted for, CISLAC warns NASS against approving loans for FG

THE Civil Society Legislative Advocacy Centre (CISLAC) also known as  Transparency International Nigeria on Tuesday, says that a total of $23.224 billion and N7.744...

China considers loan repayment exemption for some African countries

CHINA will exempt some African countries from repaying zero-interest rate loans due at the end of 2020, Reuters reported on Wednesday, quoting President Xi...
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FG approves $268 million in Soft Loans to Entrepreneurs and Innovators

THE Federal Government on Wednesday as part of its agenda to gradually diversify the Nigerian economyfrom oil dependence by uplifting other sectors in the...

‘China should create wealth, Stop loaning them money,’ Trump tells World Bank

THE United States Donald Trump has asked the World Bank to desist from assisting China with more loans in the coming years. The World Bank...

Recent

In Delta, Okowa’s non-payment of primary school retirees is leading teachers to early graves (part 2)

Read the first part of the investigation HERE The lost battle against Cancer Late Gomenti Regina lost her battle with Cancer...

Group set to rank MDAs on compliance with FOI Act

IN commemoration of the International Day for Universal Access to Information (IDUAI) 2022, the National Freedom of Information Ranking...

Cholera has killed 149 in Nigeria since January – NCDC

CHOLERA has killed 149 people in Nigeria since January this year, as shown by the latest data the Nigeria Centre...

Group set to hold public dialogue on access to water, sanitation

THE Centre for Environmental Sustainability and Development Awareness (CESDA) has disclosed plans to hold series of town hall dialogues...

Obi backs Akeredolu’s call to arm Amotekun with sophisticated weapons

THE Labour Party (LP) presidential candidate has supported the call by the Ondo State Governor Rotimi Akeredolu to arm...
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