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 stipulated period…
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 assumed office…
The Minister of Transportation, Rotimi Amechi has said that the ongoing investigations of loans taken by the Federal Government could send the wrong signal to the lenders, Mr…
The World Bank has approved a $750 million loan to the Nigerian Government through the International Development Association (IDA) to improve the power supply in Nigeria. KanyiDaily recalls…
The vice-presidential candidate of the Peoples Democratic Party (PDP) in the 2019 election, Mr Peter Obi said the worst form of corruption is borrowing for consumption and leaving…
Five years into the eight-year tenure of President Muhammadu Buhari, his administration is yet to deliver on key promises upon which Nigerians overwhelmingly voted him. President Buhari, who…
Nigerian Senate has approved President Muhammadu Buhari‘s fresh request for N850 billion loan from the Capital Market to finance projects in the 2020 budget. Buhari made the request…
President Muhammadu Buhari-led Government is seeking to borrow about $6.9 billion from international lenders including the World Bank, the African Development Bank and the Islamic Development Bank. This…
Federal Government has says it needs a $22.8 billionn loan from China to enhance the economy and boost infrastructural development. Minister of Finance, Zainab Ahmed, stated this while…
Despite report from the Debt Management Office that Nigeria’s Total Public Debt Portfolio as at June 30 stood at $83.88 billion (₦25.7 trillion), President Muhammadu Buhari is seeking…
A 41-year-old woman identified as Shakirat Rasheed on Friday, committed suicide in Adeosun area of Apete a surbub of Ibadan, the Oyo State capital. Rasheed was said to…
Federal Government has said it would take another fresh external loan of $247.3million for the development of infrastructure. This is coming few days after the International Monetary Fund…
