Tag: Loan
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Nigeria Moves to Secure $2 Billion Chinese Loan for Nationwide Power Grid Expansion
Nigeria is in serious talks with China's Export-Import Bank for a $2 billion loan meant to build a new super grid transforming Nigeria's electricity...
Rising Loan Rates Threaten Nigerian Businesses as Borrowing Costs Surge
With banks charging rates of between 29 and 36 percent, Nigerian companies are becoming increasingly challenged as commercial loan rates continue to soar.
Companies...
S’East Devt Commission Denies Secretly Borrowing N25bn Without Approval
On Monday, the Southeast Development Commission (SEDC) issued a statement denying allegations that it secured a ₦25 billion ‘secret’ loan from a commercial bank...
AC Milan Eye Permanent Deal for João Félix
In a surprising update, AC Milan have expressed their desire to keep João Félix beyond his current short-term loan.
Despite the loan deal from...
BREAKING: Senate Approves Tinubu’s $2.2bn Loan Request
The Senate on Thursday November 21 approved President Bola Ahmed Tinubu’s loan request of $2.2 billion to partially finance the ₦9.7 trillion budget deficit...
