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Tag "Loans"

Lai: FG has a lot to show for loans taken — there’s road project in every state

    Lai: FG has a lot to show for loans taken — there’s road project in every state

Lai Mohammed, minister of information and culture, says the federal government has a lot to show for all the loans it has taken. Mohammed said this on Thursday at a

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Southern, middle belt leaders: No more loans for Nigeria — it’s a disputed project

    Southern, middle belt leaders: No more loans for Nigeria — it’s a disputed project

The Nigerian Indigenous Nationalities Alliance for Self-determination (NINAS) has urged global financial institutions to stop giving loans to Nigeria. NINAS, which is a multi-ethnic alliance comprising southern and middle belt

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‘Nigeria is poor’ — Lawan insists on borrowing to fund infrastructure

    ‘Nigeria is poor’ — Lawan insists on borrowing to fund infrastructure

Senate President Ahmad Lawan has insisted that borrowing is the only way the country can fund its infrastructural needs. Speaking with journalists after meeting President Muhammadu Buhari at the Aso

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Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

    Credit to private sector increased 2.5% to N20trn in Q4 2020, says NBS

The National Bureau of Statistics (NBS) says banks in the country disbursed a total of N20.37 trillion as credit to the private sector in the fourth quarter (Q4) 2020. This

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Senate okays fresh $1.5bn, €995m loans — despite minister’s failure to defend projects

  Senate okays fresh $1.5bn, €995m loans — despite minister’s failure to defend projects

The senate has approved fresh external loans of $1.5bn and €995m for the federal government. The red chamber okayed the

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Tambuwal asks CBN not to recover $2.1bn loans to states

  Tambuwal asks CBN not to recover $2.1bn loans to states

Aminu Tambuwal, governor of Sokoto, has appealed to the Central Bank of Nigeria (CBN) to shelve its plan to recover

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Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

  Emefiele to Obaseki: Stop the mischief — it’s loans you’re calling printing money

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the claim by Godwin Obaseki, Edo state governor, that

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Development Bank: We disbursed N191.7bn loans to MSMEs in 2020

  Development Bank: We disbursed N191.7bn loans to MSMEs in 2020

The Development Bank of Nigeria (DBN) says it disbursed loans worth N191.7 billion to micro, small and medium enterprises (MSMEs)

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Senate considers bill to strengthen AMCON against bad loans

  Senate considers bill to strengthen AMCON against bad loans

A bill seeking to strengthen the Asset Management Corporation of Nigeria (AMCON) in the recovery of loans has passed second

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Kogi secures $72m loan to boost economy, food security

  Kogi secures $72m loan to boost economy, food security

The Kogi state government has secured two separate loans to boost its economy and food security. The loans, obtained from

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