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FG Secures $500m World Bank Loan To Boost Power Distribution

The World Bank has announced that $500 million loan has been approved for Federal Government to addr...

May 31, 2024
FMBN Allocates N100bn Loans for 100,000 Housing Units

The FMBN has offered approximately N100 billion in off-takers guarantee to a group of developers con...

May 28, 2024
Student Loan: Ploy to Oppress Nigerian Students, Says ASUU

The ASUU chairperson called on the Federal Government to come to a renegotiation table and reconvene...

May 28, 2024
Cross River Gets $3.5bn Loan For Bakassi Deep Seaport
May 15, 2024

The Bakassi seaport project, which was approved by the federal government in 2019, is expected to be...

SMEDAN Empowers Women Entrepreneurs with Grants
May 6, 2024

Nigeria's Small and Medium Enterprises Development Agency granted N2.05m to five exceptional women e...

Devt Bank Disburses N786Bn to 494,819 MSMEs
May 1, 2024

The Development Bank of Nigeria (DBN) has provided N786 billion in loans to 494,819 Micro, Small and...

AfDB's Adesina says $824bn Africa's Ballooning Debts Hindering Growth
April 25, 2024

The President of the African Development Bank, Akinwumi Adesina, has said that non-transparent resou...

GRANT: FG Begins Disbursement to MSMEs, Manufacturers
April 23, 2024

The Nigerian Federal Government has announced that it will soon begin the process of disbursing loan...

Shareholders approve $379.9m  for International Breweries Loan Equity Conversion
April 23, 2024

The majority shareholder, AB InBev Nigeria Holdings BV, has approved a loan of $379.9m for Internati...

SMEs Crucial for  Promoting Sustainable Development
April 22, 2024

The Lagos State Commissioner of Finance, Abayomi Oluyomi, has emphasized the crucial role of Small a...

Nigeria will Receive Additional $2.2bn World Bank loan – Edun
April 21, 2024

“In addition, there is a similar budgetary support – low-interest funding from the African Developme...

CBN Reduce Banks Loan-Deposit Ratio to 50%
April 18, 2024

The Central Bank of Nigeria slashed commercial banks' Loan to Deposit Ratio from 65 percent to 50 pe...

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