Chinese Government has taken over the Ugandan Entebbe International Airport and other assets in the country over the failure of the Ugandan Government to repay a...
The World Bank has revealed that the total amount of money borrowed by the Nigerian Government from China rose to $3.121 billion (N1,126.68 trillion at USD/N361)...
The Senate Committee on Local and Foreign Debt has rejected a $700 million loan request by President Muhammadu Buhari for Sustainable Urban and Rural Water Supply,...
Finance Minister, Zainab Ahmed said Nigeria would not have recovered from recession without borrowing funds. The Minister of Finance, Budget, and National Planning, Zainab Ahmed said that...
President Muhammadu Buhari has received $400 million loan from World Bank for COVID-19 Vaccines in Nigeria. The World Bank has approved a $400m credit alongside financing...
Senate claims that Buhari is repaying loans borrowed by Jonathan, Yar’adua, Obasanjo, past military leaders. The Chairman Senate Committee on Finance and Appropriation, Solomon Olamilekan Adeola...
Former President, Olusegun Obasanjo has frowned at the way President Muhammadu Buhari is taking loans to fund recurrent expenditure. KanyiDaily recalls that President Buhari had recently...
President Muhammadu Buhari has asked the Nigerian Senate to approve $4,054,476,863 and €710 million external loans, despite public outcry over incessant borrowing by the current administration....
The Federal Government on Tuesday announced that China has approved the 85 percent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project. The Minister...
The World Bank has approved Nigeria’s request for a $1.5 billion loan, as Africa’s most populous nation battles a coronavirus-induced recession. In a statement on Tuesday...
The Federal Government is seeking a fresh $1.2 billion external loan from Brazil to finance agricultural programmes in the 2021 budget. The Minister of Finance, Budget...
The House of Representatives Committee on Treaties, Protocols and Agreements and the Federal Ministry of Transport on Monday disagreed over commercial contract figures signed by the...
The Minister for Transport, Rotimi Amaechi has debunk reports that Nigeria’s sovereignty has been ceded to china over $500 million loan. Nigerians had last week expressed...
The ruling All Progressives Congress (APC) has slammed the former Vice President, Atiku Abubakar, for asking President Muhammadu Buhari to apologize to Nigerians over loans his...
Minister of Transportation, Rotimi Amaechi has insisted that the Nigerian Government will pay back loans collected from China for the construction of rail projects within the...
Socio-Economic Rights and Accountability Project (SERAP) has dragged President Muhammadu Buhari before the Federal High Court in Abuja, over loans collected by his government since he...