Tag: LOAN
NELFUND Records 7,975 Student Loan Applications In 24 Hours
The Nigeria Education Loan Fund, NELFUND has received the highest number of student loan applications within 24 hours since the launch of its portal...
Palliative Loans: FG Flags Off Disbursement Of Conditional Grants.
The federal government says it has commenced the disbursement process for the presidential conditional grant scheme to verified applicants. President Bola Tinubu, on October 17, 2023, launched the...
Foreign Exchange: CBN Bans Currency Collateral For Naira Loans.
The Central Bank of Nigeria (CBN) has prohibited the use of foreign currency as collateral for Naira loans. This directive contained in a circular by Dr. Acting...
Student Loan: President Tinubu Signs Amended bill Into Law.
President Bola Tinubu on Wednesday signed the Student Loans Re-enactment Bill into law at the State House in Abuja.According to a tweet by the...
Ecowas Gifts SIERRA Leone $500,000 For Polls, Deploys 95 Observers
The President, Economic Community of West African States Commission, His Excellency, Omar Touray, has approved 500,000 dollars in financial support for Sierra Leone’s presidential...
CCTV Project: Court Asks Federal Govt To Account For $460m Chinese...
An Abuja High Court has ordered the Federal Government to account for the spending of 460 million dollars Chinese loan obtained in 2010 to...
Serap Writes World Bank, Demands Suspension Of Buhari’s $800m Loan Request
The Socio-Economic Rights and Accountability Project, SERAP has asked the World Bank to suspend the 800 million dollars loan being requested by the President...
FG $22bn Loan Request Rejected By Chinese Bank – REPS
The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow over 974 million dollars from China Development Bank. This...
How Artisanal Miners Can Apply For N100 Million Loan– Minister
The Nigerian government has revealed that artisanal miners can access 100 million Naira loans at low-interest rates to boost the diversification of Nigeria’s mining...
NNPC To Deduct 127bn From FAAC, Plans $5bn Afrieximbank Loan
The Group Managing Director of the Nigerian National Petroleum Company, NNPC Limited Mele Kyari says the agency is was working with AfrieximBank to raise...
2018-2020 Borrowing Plan: Reps Approve Federal Government’s Loan Request Of $5.8bn
The House of Representatives has approved President Muhammadu Buhari’s loan request of 5.8 billion dollars, following the adoption of the report of the House...
New External Debts: House Of Reps Approve Buhari’s $16bn, €1bn Loan...
The House of Representatives has approved President Muhammadu Buhari’s demand for new foreign loans comprising 16.2 billion dollars, 1.020 billion euros and a grant...
Gas Pipeline: Federal Government Approves $2.571bn Loan Facility
The Federal Government has approved
the issuance of 2.571 billion dollars loan facility classified as a sovereign
guarantee to fund what it described as engineering...
Agriculture: NIRSAL Secures N3.5bn Loan For 3,750 Farmers To Boost Maize,...
The Nigeria
Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL has
secured a 3.5 billion naira loan commitment to boost maize and soybean
production in the 2019...
Mindiver: Nigeria Secures $150m World Bank Loan For Programme
The Federal Government has secured 150 million
dollar loan from the World Bank to develop the sector, in a bid to make the mining
sector deliver...