Tag: Loan

Osimhen Travels to Istanbul to Finalize Galatasaray Loan Move

Super Eagles striker Victor Osimhen has departed Italy for Turkey to complete his loan transfer from Napoli to Galatasaray. The move follows a prolonged transfer saga, with Osimhen submitting a…

Nigeria’s Rising Debt: Tinubu Administration Secures $6.45bn from World Bank

The Federal Government of Nigeria has borrowed $6.45 billion from the World Bank since President Bola Tinubu took office just 16 months ago. This figure is set to rise following…

FG Secures $600m Foreign Loans to Boost Agriculture

The Federal Government has secured over $600m in foreign agricultural loans to boost food security and rural development in 2024. According to the Ministry of Agriculture and Food Security, the…

Woman Begs UK-Based Nigerian Pastor to Pay Back £198k Loan of Six Years

A Nigerian woman based in the United Kingdom identified as Mrs. Rachel Anayo Nwombasi, has pleaded with her former pastor, Dapo Adegboyega to repay a loan of £198,000 she helped…

Daily Report

FG Borrowing To Uplift Living Standards of Nigerians – APC

The All Progressives Congress (APC) has claimed streams of loans obtained by the  President Muhammadu Buhari administration are aimed at uplifting the living standard of Nigerians. President Buhari, had on…

FG to Probe Online Banks Over Breach of Customers’ Data Privacy

The outcry of many Nigerians over the alleged breach of customers’ data privacy, invasion by online banks, especially digital loan providers, has prompted the federal government to begin a probe…

Nigerian woman sentenced to five years for coronavirus fraud in US

A 24-year Nigerian woman has been sentenced to 70 months in prison over attempt to defraud the Paycheck Protection Program (PPP) of more than $1.9 million in loans guaranteed by…

Daily Report

Federal Govt Disburses N100bn To Indigenous Pharma Manufacturers

President Muhammadu Buhari on Tuesday said the Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base…

Nigeria to Spend 25yrs Repaying New $800m World Bank Loan

The Federal Government of Nigeria had recently secured $800 million loan from the World Bank to provide palliatives for over 50 million Nigerians after the removal of fuel subsidies. The…

Court Orders FG To Account For $460m Chinese Loan

A Federal High Court in Abuja has ordered the government of President Muhammadu Buhari to account for the spending of over four hundred and sixty million dollars Chinese loan to…