Tag: Loan
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Edo PDP, Govt bicker over Okpebholo’s N100bn loan
The Edo Chapter of the Peoples Democratic Party (PDP) and the APC-led government on Wednesday bickered over the state Assembly’s approval of a N100 billion loan request by Governor Monday Okpebholo.
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NELFUND disburses April upkeep payment to students
The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of April 2025 upkeep payments to eligible student beneficiaries across the country.
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Nigeria fully repays $3.4bn IMF loan – Minister
Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion dollars COVID loan from the International Monetary Fund (IMF). The Minister said this while briefing State House Correspondents after the sixth Federal Executive Council (FEC) meeting on Monday.
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MSMES: Delta Govt’s ₦1Billion Loan Available Soon – Ifeajika
Delta State Government, weekend, said the One Billion Naira loan approved by the State Executive Council, in February will be available to interested persons as soon as the state government completed documentation with the Bank of Industry. The Executive Assistant to the Governor on Public Enlightenment, Projects and Policies, Mr Olisa Ifeajika, stated this while…
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Why I pulled out of World Bank loan, refused to borrow – Soludo
Anambra State Governor, Chukwuma Soludo says his administration pulled out of an existing loan arrangement with the World Bank to save the state from “debt overhang”. Soludo said this while addressing members of the Late Sen. Ifeanyi Ubah Media
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Student loan: N116.184bn disbursed since inception – NELFUND
The Nigerian Education Loan Fund (NELFUND), said it has so far disbursed N116.184bn as at Jan 1st, 2025 for upkeep of students across 176, 252 beneficiary institutions in the country.
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Senate ready to approve Tinubu’s N1.77tn loan request within 24hrs
President Bola Tinubu has requested the National Assembly for approval of N1.767tn loan already captured in the external borrowing plan for implementation of the N28.7trillion 2024 budget. President Tinubu who made the request in separate letters read in Senate and House of Representatives during plenary on Tuesday, said if approved, the loan will be used…
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President Tinubu reveals real reason for fresh $2.2bn loan
President Bola Tinubu has sought the approval of Senate for implementation of 2.2 billon dollars new external borrowing plan. Tinubu’s request is contained in a letter addressed to President of Senate, Godswill Akpabio and read at plenary on Tuesday.
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UI receives N201m education loan for 1,370 students
University of Ibadan says it has received the sum of N201,114,650 from Nigerian Education Loan Fund (NELFUND) for 1,370 students of the institution for the 2023/2024 academic session. The university’s Director of Public Relations, Mrs Joke Akinpelu, confirmed this to NAN on Tuesday in Ibadan.
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Over 700,000 MSMEs seek relief through Federal Government’s N150bn loan initiative
Around 700,000 manufacturers and micro, small, and medium enterprises (MSMEs) have expressed interest in the Federal Government’s N150 billion loan program.