FEC approves $3.45bn World Bank Loan Application for Power, Four other Projects
The Federal Executive Council on Monday, approved the application for a $3.45bn loan to finance five projects. They include projects ...
Tag: Loan
Budget support: FG secures $1.5bn Loan from World Bank, $80m from AfDB
The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank and ...
Nigeria secures $1.95bn Loan from World Bank in 4 Months
…despite an outstanding debt of $38.8 billion as of June 2023 A total of $1.95 billion loan have been secured ...
Nigerian Banks incur $1bn Loan Losses within 6 Months
An estimated $1 billion in loan losses have been incurred by Nigerian commercial banks during the first half of 2023, ...
Banks borrow N12trn from CBN in 8 Months
Commercial banks and merchant banks are increasingly depending on the Central Bank of Nigeria for liquidity as they have borrowed ...
NNPCL secures $3bn Loan from Afreximbank to stabilise Naira
The Nigerian National Petroleum Company Limited (NNPCL) has secured a $3 billion Emergency Crude Repayment Loan from African Export-Import Bank ...
Tinubu seeks Senate approval for $800 million World Bank loan
...set to pay 12m Nigerians N8,000 for 6 months President Bola Tinubu has sought for the approval to obtain a ...
$400m loan: Nigeria spends $25.03m for servicing
...FG has spent $801m on debt servicing in 3 months As part of efforts to expand four airport terminals in ...
$800m Loan Request by Buhari Approved
...says loan to be utilised by Tinubu A member House of Representatives Committee on Loans, Aids and Debt Management, Abubakar ...
Reps Reject N22.7tn Loan Request, Approve N1tn Borrowing
The House of Representatives, on Tuesday, partly approved the requests made by President Muhammadu Buhari, on Ways and Means Advances ...
