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Edo: Okpebholo denies $45m flyover loan from China

Edo State Governor-Elect, Monday Okpebholo, has categorically denied rumors that he plans to secure a $45 million loan from a Chinese agency to fund...

12 more state-owned institutions onboarded for student loan, says NELFUND

The management of the Nigerian Education Loan Fund (NELFUND), on Wednesday affirmed that 12 state government-owned tertiary institutions have been onboarded to the student...

SERAP Asks World Bank To Probe Alleged Corruption In Spending Of Loans Obtained By FG, States

The Socio-Economic Rights and Accountability Project (SERAP) has asked the World Bank Inspection Panel to probe allegations of corruption in the spending of the...

₦121.67trn debt: SERAP asks Inspection Panel to hold World Bank to account

Socio-Economic Rights and Accountability Project (SERAP) has sent a complaint to the World Bank Inspection Panel urging the Panel “to probe allegations of corruption...

Spiro secures $50m loan to increase number of electric cars in Africa

Afreximbank and Spiro, an Indian electric car business, have inked a $50 million debt financing agreement to enable Spiro to increase the scope of...

Banks’ loans to private sector, government decline by N24tr in March – CBN

The Central Bank of Nigeria (CBN) has said that banks loans to the private sector and the government declined by N24t trillion in March...

Nigeria goes for $2.2bn loan from World Bank, budgetary support from AfDB

The Federal Government is set to receive a $2.2 billion loan from the World Bank at a low interest rate of about 1%.This is...

SERAP tasks Tinubu to publish loan agreements by Obasanjo, Yar’Adua, Jonathan, Buhari

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct appropriate ministries, departments and agencies (MDAs) to provide copies of the...

Student’s Loan Act: HoR C’ttee assures adequate funding

By Tom OkpeChairman, House Committee on Student’s Loan, Rep Gboyega Isiaka has assured Nigerians of the present administration’s resolve towards ensuring adequate funding of...

Nigerian govt to audit N22.7tr Ways and Means loan approved by Buhari

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Tuesday the Federal Government would audit the N22.7 trillion Ways...

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