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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...

Politics

₦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...

Tech

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...

Business

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...

Business

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...

Politics

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...

Politics

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...

Business

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...

News

Nigerian govt seeks fresh $1.5bn World Bank loan to shore up naira, finance budget

Nigeria is seeking a fresh $1.5bn loan from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira...

Politics

Finance Minister, Edun, gives further clarification on $1.5bn World Bank loan

The Federal Government said on Monday that it has obtained two loans to finance various projects in important economic sectors, one from the African...

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