Tag: loan

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Ayọ̀délé ÌbíyẹmíNovember 5, 2020

Nigeria’s debt profile is a problem for the country’s future

Like many third world countries, Nigeria is enmeshed in a mountain of debt to financing corporations and international finance agencies. ...

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EditorJuly 16, 2020

Wilfully defaulting on your loans is no longer an option, thanks to this new CBN directive

Nigeria has a serious debt problem. It is such a pervasive problem that families will not invest in the businesses ...

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Omoleye OmoruyiApril 11, 2018

Payday Loan: The Power of Now

Yomi, dropping his phone slowly on the table, changed the voice control to a loudspeaker and continued to type slowly ...

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AzeezNovember 15, 2017

Instead of taking loan, FG should recover $21.7bn from NNPC – Falana

Human right lawyer, Femi Falan has urged the Federal Government to recover unremitted funds from the Nigerian National Petroleum Corporation (NNPC) rather ...

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AzeezNovember 14, 2017

Senate approves Buhari’s $5.5bn loan request

The Senate has approved a $5.5 billion loan request by President Muhammadu Buhari. Background: Buhari had asked the upper chamber ...

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Samuel OkikeOctober 20, 2017

The Late 5: Buhari’s proposed $5.5bn loan could take up to 30 years to repay, FG releases N3.5bn for vaccination programme, and other top stories

Good evening. Here are the top 5 stories that drove conversation today: It’s President Muhammadu Buhari’s second day in Turkey ...

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AzeezOctober 20, 2017

$5.5bn loan: It may take 30 years to repay – Adeosun

Minister of Finance, Kemi Adeosun has said it may take five to 30 years before the $5.5 billion being sought by ...

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ToluOctober 14, 2017

21,870 Kaduna teachers fail primary 4 test | The 5 numbers that mattered this week

$5.5 billion – President Buhari wrote to the Senate seeking approval for an external loan worth this amount. The fund ...

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AzeezAugust 10, 2017

Group defrauding entrepreneurs with loan empowerment scam – FG

The Federal Ministry of Industry, Trade and Investment on Thursday said a faceless group was defrauding entrepreneurs under the guise ...

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AzeezAugust 6, 2017

Skye Bank seeks to take over Omokore’s assets

The management of Skye Bank Plc is planning to take over some oil wells belonging to Jide Omokore, who is ...

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EditorJuly 14, 2017

Etisalat to 9Mobile: How did it go from boom to burst, to new beginnings?

by Alexander O. Onukwue It began with zipped green lips, that gradually became unzipped, and was unveiled to us as ...

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SponsorMay 18, 2017

Need a loan to start a business or project as a Corper? Apply for Credit Direct ”EmpowerTheCorp” loan today 

Every year, hundreds of thousands of Corp members complete the mandatory one year service to the nation and set out ...

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AzeezApril 27, 2017

‘Court freezes all bank accounts of NDDC boss’

by Azeez Adeniyi A Federal High Court in Uyo has ordered the freezing of all accounts and forfeiture of a ...

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ToluMarch 11, 2017

N541.8bn loan, 37 deportees | The 5 numbers that mattered this week

N541.8bn – Three Nigerian banks set to take over telecommunications company, Etisalat for its failure to pay a loan obtained ...

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Oludolapo AdelanaFebruary 21, 2017

Nigeria will not seek IMF loan – Adeosun

by Dolapo Adelana Finance minister, Kemi Adeosun has said Nigeria will not apply for an International Monetary Fund (IMF) loan ...

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ToluFebruary 18, 2017

N40m wildlife feeding budget, $2.5bn loan | The 5 numbers that mattered this week

N40 million – The amount of money set aside in the 2017 National Budget for feeding and maintenance of wildlife ...

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Oludolapo AdelanaJanuary 13, 2017

Paris Club loan: FG refunds N388.3bn to states

The Federal Government has effected the payment of about N388.3 billion to 35 states as refund of the Paris Club ...

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Oludolapo AdelanaDecember 9, 2016

‘FG not interested in IMF loan’

The Federal Government says it is not sourcing any loan from the International Monetary Fund (IMF). James Akpandem, media adviser ...

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Oludolapo AdelanaDecember 8, 2016

Kaduna lawmaker in loan scandal

Details have emerged on how the lawmaker representing Kaduna North Federal constituency in the National Assembly, Honourable Samalia Suleiman borrowed ...

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Isime EseneNovember 7, 2016

Why Iyanya dumped Ubi Franklin’s MMMG label + more on The Slab with Isime

Chuks Okpani, Roqeebah Olaoniye, Ezinne Ajoku and Tolu Omoyeni join Isime Esene on The Slab this week to talk about Iyanya’s ...

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Op-ed EditorNovember 5, 2016

Pius Adesanmi: So something positive and sensible can come out of Nigeria’s National Assembly?

by Pius Adesanmi. I just heard with one ear that Senate has rejected President Buhari’s request for permission to borrow ...

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Op-Ed EditorJuly 14, 2016

Opinion: In Rivers state, the misery is now complete

by Chris Finebone When a governor decides to use expected dividend earnings of his State as collateral security for borrowing as ...

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Mazi EmekaJuly 1, 2016

CBN to give N3m loan to NYSC members

The Central Bank of Nigeria of Nigeria has disclosed that it set aside N2.5 billion loan for members of the National Youth ...

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Mazi EmekaJune 30, 2016

General Electric to invest over $2bn in Nigerian railway sector

The Minister of Transport, Rotimi Amaechi, on Wednesday, disclosed that General Electric (GE) plans to invest $2 billion into the ...

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Isime EseneJune 24, 2016

Simon Utsu: How to identify a young, wicked sadist

by Simon Utsu Any young man/ woman who gloated(or is still gloating) over Senator Ben Murray Bruce’s political travails in ...

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Mazi EmekaJune 4, 2016

‘Ambitious’ Wike gets the nod for another multi-billion naira loan

The Rivers State House of Assembly, on Friday, granted the request of Governor Nyesom Wike to borrow N12 billion from ...

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Adebayo EmuleomoMay 19, 2016

APC says Wike is collecting 10bn loan ‘to watch UCL final in Milan’

The Rivers State Chapter of All Progressives Congress has lamented that Governor of Rivers State, Nyesom Wike was given approval ...

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Dele BenjaminApril 17, 2016

‘There was no loan deal during Buhari’s visit to China’ – Presidency

The Presidency has said President Muhammadu Buhari did not sign any loan agreement with the Peoples Republic of China during ...

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Kolapo OlapojuApril 14, 2016

‘Nigeria does not need it’ | Fayose writes China to deny Buhari of $2bn loan (READ)

Ayodele Fayose, the Ekiti state governor has written a letter to the Chinese government, demanding the cessation of the prospective ...

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