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Money

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,...

Economy

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....

Money

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...

Money

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...

Agriculture

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...

Money

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...

Money

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...

Economy

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...

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