Telecom Egypt Secures $370 Million Syndicated Loan to Enhance Financial Stability
Telecom Egypt has secured a syndicated loan amounting to EGP 18 billion ($370 million) to bolster its financial flexibility and ...
Tag: Loan
70% of Lagos Workers Lack Access to Employer Loans- Report
Despite being the commercial hub of Nigeria, seven out of ten workers (70%) in Lagos are unable to access loans ...
AfDB Approves $500 Million Loan to Propel Nigeria’s Energy Transition Programme
The African Development Bank (AfDB) Group has approved a loan of $500 million to Nigeria to finance the first phase ...
FG Seeks $500m World Bank Loan for Rural Roads, Agric Marketing
The Federal Government is seeking a $500m loan from the World Bank to enhance rural road infrastructure and agricultural marketing ...
FG Secures $500m World Bank Loan to Boost Electricity Distribution
The Bureau of Public Enterprises (BPE) says the federal government has secured a $500m World Bank loan to boost electricity ...
Banks’ Loans to Private Sector Declines by 11.93% in March
The loan granted by commercial banks to the private sector declined by 11.93 percent in March 2024, following the liquidity ...
World Bank May Approve $500 Million Loan for Nigeria in May 2024
In a move to bolster human capital development in Nigeria, the World Bank may green light a $500 million loan ...
Finance Ministry Receives $5.6m Loan from World Bank for Stationery, Vehicles, Others
The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from ...
President Tinubu seeks Reps’ approval for £100m, $8.699bn Loans
President Bola Tinubu has written to the House of Representatives for approval for external loans to the tune of $8, ...
Economic Challenges: Nigerians borrow N290bn from Banks within 3 Months
The challenging economic situation of the country has pushed more Nigerians into debt as about N290bn was borrowed from banks ...
