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Reps Demand Trial of 350 AMCON Loan Defaulters

“We have the list of these obligors and will come up with a resolution to address the challenges AMC...

August 19, 2024
Retail Dutch Auction: Nine Firms Purchase $25.76m From CBN To Repay Loans

The Central Bank of Nigeria (CBN) conducted a Retail Dutch Auction on August 6, 2024, where nine com...

August 13, 2024
FG seeks $500m World Bank loan for Dam Safety, others

The Federal Government has requested a $500 million loan from the World Bank to enhance water resour...

July 30, 2024
World Bank Disburses over $751m loan to FG
July 18, 2024

The World Bank has disbursed $751.88m out of the $1.5bn loan recently approved for Nigeria.

Nigerians Paying for N37.5tn Excess Money Supply Into Economy – Cardoso
July 12, 2024

The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, has said that Nigerians are curren...

CAC to Cancel BDCs' Certificates with Revoked Licences
July 11, 2024

The Corporate Affairs Commission has announced its plan to revoke the certificates of incorporation...

JUST IN: El-Rufai Sues Kaduna Assembly Over N432bn Probe
June 26, 2024

Former Governor Nasir El-Rufai has sued the Kaduna State House of Assembly over claims that his admi...

World Bank Announces $700m Support For Egypt
June 24, 2024

The World Bank announced on Monday $700 million of budget support for Egypt, part of a three-year, $...

FG Spent $15 Billion on Debt Servicing In Five Years- CBN Report
June 24, 2024

The most recent data from the Central Bank of Nigeria has shown that the Federal Government allocate...

Loan Recovery: FMBN Goes After Debtors, Set Up Task Teams
June 10, 2024

The Federal Mortgage Bank of Nigeria has shown apprehension regarding the lack of mortgage repayment...

Uganda Signs $500m Loan Deal with South Korea
June 6, 2024

Uganda's finance ministry has announced the signing of a $500 million loan agreement with South Kore...

FG Secures $500m World Bank Loan To Boost Power Distribution
May 31, 2024

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

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