Tag: Loan
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World Bank approves another $500 million loan for Nigeria
The World Bank has approved another $500 million loan for Nigeria to improve the livelihood of women in the country. According to the World Bank the loan will help to empower and improve the livelihood of the female gender in Nigeria.
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Plateau APC kicks against Mutfwang’s N15bn loan request
The All Progressives Congress (APC) in Plateau has kicked against Gov. Caleb Mutfwang’s request to the State House of Assembly for approval to acquire an N15 billion loan. Mutfwang’s communication was read by the assembly Speaker, Moses Sule, during
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BREAKING: FG set date to begin giving students loans
The Federal Government says it is working out modalities to begin students loan between September and October 2023. The Permanent Secretary, Federal Ministry of Education, David Adejo, disclosed this in Abuja on Wednesday while addressing newsmen on the bill signed by President Bola Tinubu.
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FG denies seeking another $800m World Bank loan
The federal government has said that it was not seeking another $800 million loan from the World Bank to cushion the impact of the impending removal of petroleum subsidy.
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Reps okay FG’s intention to borrow $973,474,971.38 from CDB
The House of Representatives has approved the request by the Federal Government to borrow $973,474,971.38 from China Development Bank, CDB. This followed the decision by the China-Exim Bank to reject Nigeria’s $22,798,446,773 loan request earlier approved by the National Assembly. The Chairman of the House Committee on Rules and Business, Abubakar Fulata, moved a motion…
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APC cautions against granting Ortom’s loan request
The All Progressives Congress (APC) has cautioned commercial banks against granting loan request by Gov. Samuel Ortom of Benue, whose tenure will end on May 29. The Director of Communications, Alia/Ode Campaign Organisation, Mr. Tersoo Kula, said this in a statement on Saturday in Makurdi.
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Suicide victim in Ogun state was not our customer – LAPO MfB
Contrary to the allegation in a trending video on social media and reported in some newspapers, the woman in Ogun State who reportedly took her life over her inability to pay back a loan was not a customer of LAPO Microfinance Bank Limited (LAPO MFB). From our preliminary findings, which we are confident will be…
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Woman sets self ablaze over N70,000 loan in Abeokuta
Tragedy struck in Abeokuta on Saturday as a middle-aged woman, popularly known as Mama Dada, set herself ablaze in her rented apartment at Oke-Keesi, Itoko area of Abeokuta. An eyewitness, Rasheed Aina, who spoke with newsmen on Sunday, said that the woman was burnt beyond recognition, as the entire building was also razed.
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Delta youths protest against fresh loan request by Gov Okowa
Hundreds of youths in Delta State took to the streets to protest against a fresh loan request by the State Governor, Ifeanyi Okowa.
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COVID-19 vaccines: World Bank approves $474m loan to S.Africa
The World Bank on Tuesday approved a loan of 454.4 million euros (474.4 million dollars) to help South Africa fund COVID-19 vaccine purchases. The bank and South Africa’s National Treasury in a statement said South Africa has recorded the most coronavirus cases and deaths on the African continent, with over 3.9 million confirmed cases and…