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Loans

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...

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...

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...

Beware of fraudulent loan offers on social media, CBN warns investors

THE Central Bank of Nigeria on Monday has denounced knowledge of calls for loan applications to small and medium- scale business being circulated on...

Recent

Buhari does not have powers to remove AEDC’s management –Sam Amadi

FORMER Chairman of the Nigerian Electricity Regulatory Commission (NERC) Sam Amadi said President Muhammadu Buhari did not have the...

Bill to allow conciliation in civil dispute scales second reading in Senate

THE SENATE, on Wednesday, commenced a legal process that would permit the settlement of certain civil disputes by conciliation,...

Kperogi wins 2021 Choice Outstanding Academic

A Nigerian-American academic and media scholar Farooq A. Kperogi has been named the 2021 CHOICE Outstanding Academic for his...

University don faults global strategy in fight against COVID-19

A PROFESSOR of Sociology and Anthropology at the University of Nigeria Nsukka (UNN) Peter-Jazzy Ezeh has faulted the current...

Red list: NIgerian envoy describes travel ban as apartheid

THE Nigerian High Commissioner to the UK Safara Tunji Isola has criticised the travel bans placed on Nigeria and...
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