We’ll Consider Buhari’s Request For $30bn Loan, Lawan Says
Senate President Ahmad Lawan yesterday in Abuja said the Senate would consider the $30 billion loan request by President Muhammadu Buhari. Addressing journalists on the achievements of the ninth assembly, Lawan said the request was rejected...
$30bn Loan: MAN Worries Over FG’s Repayment Capacity
The Manufacturers Association of Nigeria (MAN) said it is concerned about the debt servicing capacity of the federal government if the National Assembly approves the planned $30 billion loan.
The Director General, Segun Ajayi-Kadri told Daily Trust at...
FEC Okays N200bn Loan For BoI
The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the Credit Suisse AG London Branch and a syndicate of international lenders as collateral for 500m Euro facility to the...
NLNG Demands $10bn Loan For Train 7
The Nigeria LNG Limited, the operator of Africa’s largest natural gas plant, has said it is in talks with lenders for N10bn loan to enable it to finance its Train 7 project.
The Chief Executive Officer, Mr Tony Attah,...
Rwanda Gets €115m AfDB Loan
The African Development Bank’s Board has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable water supply services.
The funding would cover strategic cities and...
FG Launches Empowerment Loan For 30,000 Traders In Osun
The Federal Government has launched the Trader Moni empowerment programme for 30,000 petty traders in Osun State.
The Vice President, Prof Yemi Osinbajo (SAN), launched the empowerment loan, which would be paid by the Federal Government through...
