Tag: loan

The Finance Minister says the government is drawing the loan in phases to reduce borrowing costs while supporting infrastructure projects, ...

Ebonyi State under Governor Francis Nwifuru obtained a N20 billion loan in the first quarter of 2026, but PREMIUM TIMES ...

President Tinubu's loan request was conveyed in a letter read by Speaker Abbas Tajudeen during Tuesday’s plenary.

FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan.MREIF loan is a game-changer, ...

President Tinubu said the loans from UAE and UK would be used to support budget implementation, fund priority infrastructure projects, ...

The government says the Bank of Industry will manage the funds.

He said an additional N51 billion was also disbursed as monthly upkeep allowances, directly to the beneficiaries.

The group gave the advice following the Senate’s approval of the 2025-2026 external borrowing plan of $21.5 billion presented by ...

The loan was meant for a project to increase the utilisation of cost-effective nutrition services for pregnant and lactating women, ...

President Tinubu wrote to the lawmakers requesting their approval to borrow an additional ₦ $1.7 trillion ($2.209 billion) to finance ...

The $500 million loan is part of the $7.94 billion loan and €100 million which President Tinubu requested permission from ...

In the suit, SERAP is arguing that “It is in the public interest to grant the reliefs sought.

“It is virtually a grant. It is for about 40 years, ten years moratorium and about 1 per cent interest. ...

NNPCL had on 16 August 2023 said it would secure a $3.3 billion loan to give support to the Naira ...

The loan is also expected help Nigerian authorities meet forex demand and improve the value of the Nigerian currency.

The Senate panel said it observed that some of the companies did not utilise the fund for the purpose it ...

Mr Tinubu said the new loan request will be used to finance infrastructure, agriculture, health, education, water supply, security and ...

SMEDAN said the opportunity is available nationwide to small businesses across all sectors, with loan options ranging from ₦250,000 to ...

Governor Yusuf also said about N6 billion had been set aside to pay gratuities to about 5,500 retired civil servants ...

The police warned loan agencies to stop taking laws into their hands in the process of recovering loans from their ...

The N1 trillion is expected to be used to fund the N819.5 billion 2022 supplementary budget which the lawmakers approved ...

The loan, contained in the supplementary budget, is meant to fix the infrastructure destroyed by floods across the country.

“I won’t advise my son who will soon get married to spend all his money to have a flamboyant wedding."

The programme will support fast-tracking of the implementation of key policy and institutional reforms and boost private sector participation in ...

Critics - including watchers in Nigeria, Africa's largest economy that is also relying on "generous" Chinese loans to fund critical ...