The Federal Government has reportedly secured a $747 million loan to fund the first phase of the Lagos-Calabar Coastal Highway project. In a report on Thursday,...
Sokoto State Governor, Ahmed Aliyu, has sanctioned the transformation of the May 2025 salary, which was disbursed prior to Eid-el-Adha, into a soft loan, to be...
Governor Monday Okpebholo‘s administration has clearly articulated that although the Edo State House of Assembly has indeed approved a facility amounting to ₦100 billion, the Edo...
The federal government of Nigeria is anticipated to secure new loans from the World Bank amounting to $2.2 billion in 2025. As outlined in the project...
The Federal Government has obtained a loan of $1.1 billion from the African Development Bank (AfDB) aimed at providing electricity to 5 million individuals by the...
Information obtained from the World Bank’s website, has indicated that the apex bank is set to decide on three major loan projects for Nigeria in 2025,...
The World Bank has allocated approximately $24 billion in loans and grants to assist some of the most impoverished nations globally, which could generate an unprecedented...
The Federal Government has increased the maximum amount available for small businesses to access through single-digit loans to ₦5 million, aiming to promote inclusive economic growth...
There were disagreements between members of the National Assembly on Monday regarding President Bola Tinubu’s loan requests. This follows reports of several revenue-generating agencies of the...
The Kaduna State Government has refuted claims suggesting that the state incurred a debt of ₦36 billion over the last six months, labelling the report as...
President Bola Ahmed Tinubu’s government has just secured a $500 million loan from the World Bank to facilitate the Sustainable Power and Irrigation for Nigeria (SPIN)....
In what could be termed as public embarrassment, a politician in Benue State, Ewaoche Benjamin Obe, has been evicted from his residence in Abuja following allegations...
The Nigerian Education Loan Fund (NELFUND) has approved loan applications of 3,283 students from the University of Ibadan. The school management confirmed this in a circular...
Governor Biodun Oyebanji‘s led government of Ekiti State has successfully secured funding exceeding $200 million from the World Bank to facilitate comprehensive economic development within the...
The Governor of Katsina State, Dikko Radda, has launched two significant programs aimed at empowering small and medium-scale enterprises (MSMEs) in the state. During the launch...
The Nigerian Senate has approved the $500 million World Bank loan request by President Bola Tinubu. Naija News reports the loan is for the production of...
The federal government has given an update on ongoing submissions for the Nigerian Consumer Credit Corporation (NCCC) application recently initiated by President Bola Ahmed Tinubu. On...
The Federal Government will receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June 13, 2024. Naija News recalls...
The Cross River State Government has vehemently denied allegations made by the Debt Management Office (DMO) regarding the acquisition of a new loan exceeding ₦16 billion....
Governor Dauda Lawal’s government of Zamfara State has debunked the claims that it acquired ₦14.26 billion through a loan. Governor Lawal’s spokesperson, Sulaiman Bala Idris, clarified...