World Bank Approves New $1.57bn Loan For Nigeria
World Bank has approved three new loans for Nigeria, totaling $1.57 billion, aimed at boosting healthcare, education, and resilience to climate challenges. The World Bank approved this funding…
World Bank has approved three new loans for Nigeria, totaling $1.57 billion, aimed at boosting healthcare, education, and resilience to climate challenges. The World Bank approved this funding…
The Nigeria Education Loan Fund (NELFund) has opened its portal for students to apply for loans. Only students from federal government institutions can apply, with those from state…
The Federal Government, through the Nigerian Education Loan Fund (NELFund), has unveiled the portal for student loan applications. Nasir Ayantogo, the media lead for NELFund, announced this development…
The Federal Executive Council on Monday has granted approval for a $3.45 loan application, allocated to fund various projects. These projects encompass the power sector, renewable energy, state…
President Bola Tinubu said the Federal Government’s new Students Loan Programme is set to launch in January 2024. President Tinubu disclosed this while speaking at the 29th annual…
The Lagos State Chairman of the Nigeria Labour Congress (NLC), Funmi Sessi has said the Federal Government’s plan under President Bola Tinubu to give N8,000 to 12 million…
A 41-year-old manager of SEAP Micro-Finance Bank Saki, Sola Ogungbe, has reportedly taken his own life at his home in Iseyin town, Oyo State.
President Muhammadu Buhari has written a letter to the Nigerian Senate seeking approval for a request to borrow $800 million from the World Bank. The Senate President, Ahmad…
The Senate has approved N22.7 trillion borrowed by President Muhammadu Buhari from the Central Bank of Nigeria (CBN). The upper legislative chamber approved the request on Wednesday, after…
A middle-aged woman, known as Mama Dada, has committed suicide over her inability to repay a loan of N70,000 she took from a bank in Abeokuta, Ogun State.…
President Muhammadu Buhari is seeking a fresh N819.54bn loan which will be used to fix various infrastructures destroyed by floods across the country. Buhari Seeks Fresh Loan The…
The National Chairman of the ruling All Progressives Congress (APC), Abdullahi Adamu has justified Nigeria’s rising debt profile, saying President Muhammadu Buhari “can borrow from here to eternity”.…
Anambra State Governor, Charles Soludo has revealed that the N100 billion loan his administration decided to borrow is meant for critical infrastructural development, particularly in building roads, bridges,…
The Nigerian Labour Congress (NLC) has kicked against plan by Kano State Governor, Abdullahi Ganduje to borrow N10 billion for installation of closed circuit television (CCTV) in the…
Former Governor of Anambra State, Peter Obi said there is nothing wrong with borrowing if the funds are strictly invested wisely in areas of growth. Peter Obi Condemns…
The Minister of Transportation, Rotimi Amaechi has expressed concern that the completion of the Kano-Kaduna rail project would be delayed because China had stopped releasing funds as it…