Tag: Loans
Chinese loan soars by $800m in one year, now at $4.73bn...
According to an analysis of the external debt stock data from the Debt Management Office, Nigeria’s debt to China increased from $3.93bn as of...
FG gets fresh $500m loan from World Bank
The World Bank Group has okayed a loan of $500m to help Nigeria drive women’s empowerment
According to reports,this is the second loan approved by...
IMF cautions Nigeria over foreign loans
The International Monetary Fund has cautioned Nigeria to expect a major cut in foreign loans as the global economy continues to experience new shocks...
FG to repay $800m World Bank loan for 25 years
The next administration after the regime of the President Muhammadu Buhari , will begin the repayment of the $800m loan approved by the World...
Chinese loans soar by 209% under Buhari, stands at $4bn
Under President Buhari’s administration, the Federal Government’s borrowing from China has grown by 209.15 per cent.
This is as total bilateral loans rose by 219.91...
Banks’ loans to government increased to 63.87% to N22.68trn – CBN
Total loans from banks to government increased by N8.84trillion or 63.87 per cent to N22.68trillion as at October 2022, from N13.84rillion in December last...
FG loans from CBN stands at N22tn
The Federal Government borrowed N1.46tn from the Central Bank of Nigeria through Ways and Means Advances in August 2022.
The total FG’s borrowing from CBN...
World Bank to give states $750m loan in December
By December, the World Bank will give states in Nigeria the first tranche of a $750m loan, The PUNCH reports.
In the final report for...
FG to revive health centers with N1.5tn loans, grants
The Federal Government has revealed it would require the sum of N1.5tn for the transformation of Primary Healthcare Centers across the country over the...
Nigeria secures $1m humanitarian assistance from ECOWAS
The Economic Community of West African States has given Nigeria $1million to boost food and nutrition needs in Katsina, Zamfara and Borno states.
The fund...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
