Debt: CBN Begins Monthly Deduction Of Project Loans From States
The Central Bank of Nigeria (CBN) has begun the collection of project support loan facilities to some state governments for ...
Tag: Loan
CBN lends N9.3tn to businesses, slows down intervention
The Central Bank of Nigeria has lent N9.3tn to businesses, recovering N3.7tn from it. The apex bank said N5tn was ...
Despite increased Liquidity, Banks borrow N124.6bn from CBN
The Apex bank, Central Bank of Nigeria, CBN, says despite a 26.6 per cent increase in the banking system liquidity, ...
FirstBank Launches Single-digit Loan For Women-owned Businesses
In furtherance of its role in promoting female entrepreneurship across the country, Nigeria’s premier banking institution and leading financial inclusion ...
Senate Rejects Buhari’s $700m Loan Request To Fund Water Project
The Senate Committee on Local and Foreign Debt has turned down President Muhammadu Buhari’s loan request for Sustainable Urban and ...
Nigeria Gets New $4bn Loan From Eurobonds
Nigeria has raised another $4bn through Eurobonds. The Debt Management Office disclosed this in a statement on its website on ...
Senate To Consider Buhari’s $4bn Loan Request Within A Week
The Senate President, Ahmad Lawan, has referred President Muhammadu Buhari’s request for Senate’s approval to borrow $4.054 billion, €710m and ...
FG Moves To Borrow Fresh $4.9bn To Construct Kano-Niger Republic Rail
A standard gauge rail being planned from Kano State in Nigeria to Maradi in Niger Republic is one of the ...
Nigeria’s Debt Profile Soars as Senate Okays New $8.32bn External Loan
The Senate, yesterday, approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 and €490,000,000 (Euros) ...
CBN Requests Anchor Borrowers’ Loan Repayment From Farmers
The Central Bank of Nigeria (CBN) yesterday, charged beneficiaries of the Anchor Borrowers’ Programme (ABP), its flagship agriculture intervention scheme, ...
