Tag: loan

Dele BenjaminApril 13, 2016

China offers Nigeria $6bn credit facility

Nigeria has been offered a $6bn credit facility by China to fund infrastructure projects in the country. This development was ...

Mazi EmekaApril 11, 2016

‘Don’t take $2bn loan from China’ – Falana

Prominent human rights lawyer and Senior Advocate of Nigeria, Femi Falana has advised the Federal Government to abandon its plan ...

Azubuike AzikweApril 9, 2016

Wike given green light to borrow another 10bn

Rivers state governor, Nyesom Wike, was on Friday, given approval to obtain a N10 billion loan from the Excess Crude ...

Mazi EmekaApril 8, 2016

‘Buhari is planning to borrow N1.84 trillion from China’ – Fayose

The Ekiti state governor, Ayodele Fayose, on Friday raised an alarm over the proposed trip of President Muhammadu Buhari to ...

Mazi EmekaFebruary 14, 2016

Falana set to drag FG to court over $3.5 loan

Coming on the heels of the recent letter he wrote to the federal government against obtaining external loan to the ...

Mazi EmekaFebruary 14, 2016

‘You can’t borrow from Islamic Bank’ – Shehu Sani tells northern governors

Chairman, Senate committee on Foreign and Domestic Debts, Senator Shehu Sani, has criticised the move by the 19 northern governors ...

Mazi EmekaFebruary 8, 2016

Why Falana doesn’t want Nigeria to borrow from the World Bank

Human rights lawyer, Femi Falana (SAN), on Sunday, advised the Muhammadu Buhari administration to ditch the plans to borrow $3.5 ...

Janeth JFebruary 3, 2016

Nigeria requests for $1bn loan from AFDB

The African Development Bank has revealed that Nigeria has requested for a $1 billion loan to help fund the budget deficit. ...

Kolapo OlapojuSeptember 9, 2015

Fayose gives N500k to cripple, as State Assembly approves N19.6bn loan (PHOTOS)

Ekiti State House of Assembly has approved N19.6bn loan facilities for the state government. Governor Ayodele Fayose had written two different ...

Janeth JSeptember 6, 2015

“I didn’t borrow in 8 years as Governor” | Lamido blows his trumpet

Former Governor of Jigawa State, Sule Lamido has said that he did not borrow money from any bank to fund all ...

Ada IgboanugoAugust 20, 2015

Man hangs self over N18,000 bank loan

27-year- old Adekola Busari hung himself in Osun state on Wednesday. Apparently, Busari was indebted to a micro finance bank, but his ...

Janeth JAugust 17, 2015

Okonjo-Iweala responds to report about $600m loan fraud

Recently there was a report that $600 million of the $1 billion Chinese loan obtained for railway projects was diverted ...

Janeth JAugust 4, 2015

Buhari backs down, writes Saraki to request $75m loan for Edo

‎President Muhammadu Buhari has finally decided to put the interest of the nation before his grievances. He has written to Senate ...

Janeth JAugust 1, 2015

Buhari/Saraki issue stalls World Bank loan

The unending rift between President Muhammadu Buhari and the Senate President, Bukola Saraki is causing some major challenges as a ...

Op-Ed EditorDecember 16, 2014

Perry Brimah: Despite all the money we owe, Ghana and Nigeria are in a borrowing frenzy

by Perry Brimah In Ghana the conversation in the Senate and on the media has been direct—place a moratorium on ...

Kolapo OlapojuSeptember 15, 2014

Strange request: Woman uses ‘Holy spirit’ as collateral to get bank loan

by Kolapo Olapoju On Friday, 12 September, there was a drama of sorts at a micro-finance bank in one of ...

Kolapo OlapojuAugust 28, 2014

We will get Gwoza back from Boko Haram – Gen Olukolade is now ready to accept reality

by Kolapo Olapoju On Wednesday, 27 August, the Director of Defence Information, Major-General Chris Olukolade said the Nigerian Army will ...

April 7, 2014

Perry Brimah: So Government took N1 billion from unemployed youth and gave N11 billion to the auto cabal

by Perry Brimah What are the terms of this loan to the auto cabal, if that is what it is? ...

March 23, 2014

Opinion: OOU ASUU strike – In defence of common sense

by Ogunjimi Taiwo The sad thing is that the same students that are victims of government’s irresponsibility will be the ...

September 25, 2012

We did not take over management of Aero Contractors – AMCON

by Isi Esene There are conflicting signals coming from the Central Bank of Nigeria and the Assets Management Company of ...

September 14, 2012

Nigeria borrows N176 billion from Chinese bank

by Stanley Azuakola A Federal Government delegation comprising Nigeria’s minister of Finance, Ngozi Okonjo-Iweala, minister of Aviation, Stella Oduah, minister ...

September 12, 2012

China offers Nigeria $1.1bn loan to build light rail and airport terminals

by Akan Ido Nigeria again goes a-borrowing as the ministry of finance on Wednesday announced that China is offering the ...

April 4, 2012

Ugodre Talks Figures: How to get a car loan in Nigeria

by Ugodre Mike: Hi Ugo, I need a car loan how do I get one? Ugo: Getting a car loan ...

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