Falling oil prices delay FG’s $5bn oil-backed loan from Saudi Aramco—Reuters
Recent falling oil prices are delaying a deal by Nigeria and Saudi Arabian oil company, Aramco, as both parties struggle…
World Bank may approve $500m loan to Nigeria today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria…
Senate approves Tinubu’s fresh $2.2b loan request
The Senate, on Thursday, approved the $2.2 billion fresh loan request by President Bola Ahmed Tinubu. The Daily Trust reports…
NNPC seeks $2bn oil-backed loan to finance operations
The Nigerian National Petroleum Corporation, NNPC, Ltd. said it has commenced moves to secure about $2 billion oil-backed loan to…
Finance ministry gets $5.6m W’Bank loan for stationery, others
Abuja—The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from…
CBN will spend $3bn loan to stabilise economy—NEC
Abuja—The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would…
World Bank approves fresh $700m loan for Nigeria
Washington DC—The World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment. It…
Reps decline N22.7T loan request, gives green light for N1T borrowing
Abuja—The House of Representatives Tuesday partly approved requests made by President Muhammadu Buhari on Ways and Means Advances from the…
We have disbursed N100bn loans to manufacturers—Buhari
Abuja—President Muhammadu Buhari on Tuesday said the Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical manufacturers…
Bayelsa assembly approves N30 billion loan for Nembe-Brass road, others
Yenagoa—The Bayelsa State House of Assembly has approved a request by Governor Douye Diri to borrow the sum of N30…
It is injustice to exclude Rivers from proposed World Bank loan—Wike
Port Harcourt—Rivers Governor, Nyesom Wike, has revealed that the federal government is treating his state as if it is not…
