Friday, March 24, 2023
MARKET UPDATE
Advertisement

TheCable

Advertisement

Tag "loan"

Reps approve Buhari’s N1trn loan request, defer decision on N22.7trn extra-budgetary spending

    Reps approve Buhari’s N1trn loan request, defer decision on N22.7trn extra-budgetary spending

The house of representatives has approved the request by President Muhammadu Buhari to secure an additional N1 trillion loan from the Central Bank of Nigeria (CBN). The loan will be

0 comment Read Full Article

Wike: Abia, Benue were denied CBN loans because their governors supported me against Ayu

    Wike: Abia, Benue were denied CBN loans because their governors supported me against Ayu

Nyesom Wike, governor of Rivers, has alleged that Abia and Benue states was denied loans by the Central Bank of Nigerian (CBN) because their governors “supported” the call for Iyorchia

0 comment Read Full Article

FG proposes N11trn loan for 2023 budget — to exceed borrowing limit

    FG proposes N11trn loan for 2023 budget — to exceed borrowing limit

The federal government has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit, a development far above the stipulated threshold in the Fiscal Responsibility Act. Zainab

0 comment Read Full Article

Chinese embassy, Ugandan government deny takeover of airport by China over loan default

    Chinese embassy, Ugandan government deny takeover of airport by China over loan default

The Ugandan government and Chinese embassy in the country have denied viral media reports that China has taken over the Entebbe International Airport. Media reports have claimed that Uganda has

0 comment Read Full Article

Nigeria gets World Bank approval on $400m loan for COVID vaccines

  Nigeria gets World Bank approval on $400m loan for COVID vaccines

The World Bank has approved $400 million credit facility for the purchase and deployment of COVID vaccines in Nigeria. The

0 comment Read Full Article

Accumulating debts for next generation is criminal, Obasanjo tells FG

  Accumulating debts for next generation is criminal, Obasanjo tells FG

Former President Olusegun Obasanjo has faulted the federal government’s plan to source fresh external loans. He said the FG was

1 comment Read Full Article

APC: FG borrowing to uplift living standards of Nigerians

  APC: FG borrowing to uplift living standards of Nigerians

The All Progressives Congress (APC) says the loans obtained by the  President Muhammadu Buhari administration are borne of the desire

1 comment Read Full Article

Buhari seeks national assembly’s approval to borrow fresh $4bn, €710m 

  Buhari seeks national assembly’s approval to borrow fresh $4bn, €710m 

President Muhammadu Buhari is seeking the approval of the national assembly to borrow fresh sums of $4,054,476,863 and €710 million

0 comment Read Full Article

Senate approves $8.3bn, €490m loans requested by Buhari

  Senate approves $8.3bn, €490m loans requested by Buhari

The senate has approved $8.3 billion and €490 million loans requested by President Muhammadu Buhari. The request of Buhari was

2 comments Read Full Article

Heritage Bank staff besiege Andy Uba’s Abuja residence over ‘unpaid loan’

  Heritage Bank staff besiege Andy Uba’s Abuja residence over ‘unpaid loan’

Some workers of Heritage Bank Plc on Monday besieged the residence of Andy Uba, former senator from Anambra state, over

2 comments Read Full Article
1 2 3 6