FG approved application for $3.45bn W’Bank loan to fund 5 projects
NIGERIA, Oct. 24 – The Federal Executive Council (FEC) approved the application for a loan of $3.45bn to finance some selected...
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FG gets $1.58bn new loan from World Bank, AfDB by Dec – Finance Minister
NIGERIA, Oct. 17 – The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank...
Naira Under Pressure: IMF says Nigeria is free to seek dollar loan to rescue its currency
NIGERIA, Oct. 16 – The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek...
NBS Report: Nigeria took foreign loan of $1.21bn as investors shun 28 states
NIGERIA, Oct. 9 – Nigerian government depended on foreign borrowing to the tune of $1.21bn to boost its capital importation in...
Naira Stabilization: CBN will spend $3bn loan to stabilize economy – NEC
NIEGRIA, Sept. 29 – The National Economic Council (NEC) on Thursday also emphasized that the $3bn emergency loan-for-crude oil...