Nigeria’s Debt To GDP Still Low Says Finance Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated that Nigeria’s debt to gross domestic products (GDP) ratio is still low at 33 per cent amidst concerns over heightened increased borrowing. She said this...

TETFund Okays N6.3bn For 217 Research Proposals     The Tertiary Education Trust Fund (TETFund) says N6,396,159,060.00 has been approved for 217 research proposals recommended by the National Research Fund (NRF) under the 2020 grant cycle exercise. Executive Secretary of TETFund, Professor Suleiman Bogoro, made this known at...

Nigeria To Broaden Economy Through Multilateral Financing - Buhari     President Muhammadu Buhari has given an assurance that the Nigerian government will continue to support efforts to broaden the economy through multilateral financing. The President, according to a release issued on Monday by his spokesman, Garba Shehu...

$16.2bn Loan: NASS Gets $62m For Solar Power Project   The National Assembly will benefit $62.1m from the $16.2bn which the regime of President Muhammadu Buhari proposed to borrow from international lending agencies. The amount, according to the report of the Senate Committee on Local and Foreign...

Malami Named In $139m Bank Transfers, Reps Fault Process     The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and...

Senate Approves Buhari’s N7.6trn External Borrowing Request   The Senate yesterday approved President Muhammadu Buhari’s request to borrow about N7.6 trillion comprising $16.2 billion and €1 billion (Euros) under the 2018-2020 External Borrowing (Rolling) plan, and a $125 million grant component. It also approved the request to...