1.38m Students Benefit As Loan Disbursement Hits N242.4bn – NELFUND
THE Nigerian Education Loan Fund says a total of 1,388,592 students have so far benefited from its student loan scheme. According to the.
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Tinubu Seeks Senate Approval For $6bn Loan To Fund Budget, Rebuild Lagos Ports
PRESIDENT Bola Ahmed Tinubu has formally requested the approval of the Senate to secure external loans totaling $6 billion, aimed at addressing Nigeria’s.
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NELFUND Disburses Over ₦206bn In Loans To 1.16 Million Students
THE Nigerian Education Loan Fund (NELFUND) said it has disbursed a total of ₦206.29 billion in student loans to 1,164,222 beneficiaries since the.
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World Bank Sets Date To Approve Nigeria’s Fresh $1bn Reform Loan
THE World Bank has fixed December 16 as a tentative approval date for a fresh $1bn Development Policy Financing loan to the country.
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National Assembly Approves Tinubu’s $2.35bn External Loan Request
THE National Assembly on Wednesday approved President Bola Tinubu’s request to secure a total of $2.347bn from the international capital market to part-finance.
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Reps Demand Answers Over $460m Abuja CCTV Loan Still Being Repaid
THE House of Representatives has launched a fresh investigation into the controversial $460 million Chinese loan secured by the Goodluck Jonathan administration in.
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FIRS Explains FG’s Borrowing Strategy, Confirms New Tax Reforms From January
THE Federal Inland Revenue Service (FIRS) has clarified the Federal Government’s borrowing strategy, insisting that debt is a legitimate tool for economic growth.
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NELFUND Disburses ₦86.3bn Loans To 450,000 Students In 17 Months
The Nigerian Education Loan Fund (NELFUND) has announced the disbursement of a total of ₦86.3 billion loan to 449,039 students since the scheme.
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Zamfara Government Refutes Claim Of Receiving ₦34 Billion Loan
ZAMFARA State Government has denied claims that Governor Dauda Lawal secured a ₦34 billion loan, describing the report as a deliberate act of.
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Loan Opportunity For Creatives: Federal Govt Rolls Out Creative Economy Development Fund CEDF To Boost Industry
THE Federal Ministry of Art, Culture, Tourism, and Creative Economy invites eligible creatives, entrepreneurs, and organisations to apply for funding through the Creative.
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Senate Approves Tinubu’s ₦1.77trn Loan Request
THE Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of.
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Kano Govt Secures N177.4bn Loan For Tamburawa Waterworks Project
THE Kano State Government has secured a N177.4 billion loan from the French Development Agency (AFD) to construct new waterworks at Tamburawa and.
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NELFund Disbursed Over N1.1bn Loans To 20,000 Students, MD Says
THE Managing Director of Nigerian Education Loan Fund (NELFund), Mr Akintunde Sawyerr, has disclosed that over N1.1 billion has been disbursed as fees.
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National Assembly After Me For Rejecting ‘Shady’ $500m Loan, Women Affairs Minister Alleges
THE embattled Minister of Women Affairs, Uju Kennedy-Ohanenye has said that she was allegedly being victimised by some cabals in government because she.
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Nigerian Students Excited As NELFUND Approves Disbursement Of Loan
THOUSANDS of Nigerian students have expressed delight as the Nigerian Education Loan Fund (NELFUND) has approved the disbursement of federal government-backed student loan..
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Federal Government To Receive $2.25bn World Bank Loan June 13
THE Federal Government is poised to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June.
Africa
International Monetary Fund Approves $5bn Increase To Egypt Loan
EGYPT signed a deal with the International Monetary Fund to increase an initial $3 billion loan package to $8 billion, the two sides.
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Tinubu Seeks Reps’ Approval For $8.6bn, €100m External Borrowing
PRESIDENT Bola Tinubu has written the House of Representatives seeking the approval of the green chamber for $8.6bn and €100m external borrowing plan.
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World Bank Approves Fresh $700m Loan For Nigeria
THE World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment. It disclosed this in a.
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NNPCL Secures $3bn Loan To Stabilise Naira
THE Nigerian National Petroleum Company (NNPC) Limited has secured a $3 billion Emergency Crude Repayment Loan from African Export-Import Bank (AFREXIM) Bank. In.