$22.79bn Loan: Reps Suspend Consideration Indefinitely   The House of Representatives has indefinitely suspended the consideration of the $22.79bn external loan request by President Muhammadu Buhari. The House had listed the report by its Committee on Aids, Loans and Debt Management on the 2016–2018 Federal Government External...

Reps Consider Buhari’s $22.79bn Loan Today   The House of Representatives has scheduled consideration of the $22.79bn external borrowing request by President  Muhammadu Buhari for Wednesday (today). The Speaker, Femi Gbajabiamila, made this known at the plenary on Tuesday. He made the announcement in reaction to a member,...

CBN Offers N90bn Loans To Small Scale Farmers     The Central Bank of Nigeria is offering N90bn soft loan facility for small scale agriculture enterprises. A statement from the Senior Special Assistant to the President on Media & Publicity, Office of the Vice President, Laolu Akande, said...

Increased Revenue Is Needed To Service Loans, Others – DMO   The Director-General, Debt Management Office, Mrs Patience Oniha, has said that borrowing is necessary to finance capital projects but the major challenge the country has is the level of revenue it is generating. She said this...

NIRSAL Facilitates N102bn Loans, Creates 400,000 Jobs   The Managing Director/Chief Executive Officer of Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL), Mr. Aliyu Abdulhameed, on Thursday said the company has facilitated over N102 billion as loans from commercial banks for the various Agricultural Value...

FG Approves N7bn Loan To Support Creative Industry The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government has approved a facility of about N7bn to support the creative industry. The amount was disbursed by the Federal Government through the Bank...