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Bank Shareholders Protest As Directors Borrow N113bn
The directors and associates of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank and Access Holdings were granted N112.77bn loans in 2022,...
Taraba Seeks N150b Loan From Six Consortiums
The Taraba Government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth N150 billion naira for projects....
Kwara Secures World Bank N887m Projects Fund
The Executive Secretary of Kwara’s Health Care Development Agency, Dr Nusirat Elelu, has said the state has secured World Bank’s funding to support...
Export Intervention Loans Hit N44bn
The Central Bank of Nigeria’s intervention funds under its Export Facilitation Initiative rose to N44.58bn in October 2022. The bank disclosed this in...
CBN Loans To ABP Farmers Hit N976bn – Report
The Central Bank of Nigeria has disbursed N975.61bn to farmers across the country under the Anchor Borrowers’ Programme. Figures obtained from the CBN...
Afreximbank Introduces Adjustment Facility Fund To Give AfCFTA Trading Significant Boost
The African Continental Free Trade Area (AfCFTA) Secretariat in conjunction with the African Export-Import Bank (Afreximbank) has introduced the AfCFTA Adjustment Facility Fund...
FG Requests $600m W’Bank Loan To Fight Erosion, Others In Northern States
The Federal Government on Wednesday announced plans to tackle land degradation in the 19 northern states and the Federal Capital Territory with a...
Reps Approve Fresh $5.8bn Loan, $10m Grant For FG
The House of Representatives, on Tuesday, approved external borrowings totaling $5,803,364,553.50 and a grant of $10,000,000 for the Federal Government as part of...
