Category : Search result: Union Bank debt


World Bank Confirms Nigeria's $1 Billion Loan Request

The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.

NASS Loan Approval: Why Nigerians Shouldn't Worry

Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.

Nigerians Demand Loan Accountability in 2025 Budget

As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

AI Giants Accumulate Massive Debt in Tech Race

Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.

West African ICC Exit Puts Citizens at Risk

Burkina Faso, Mali, and Niger's withdrawal from the International Criminal Court raises serious concerns about justice and accountability in the region. Experts warn this decision leaves citizens vulnerable to human rights abuses.

Timi Frank Blasts Flawed African Elections

Nigerian activist Timi Frank exposes electoral malpractices in Tanzania, Cameroon, and Ivory Coast, warning of democracy's decline in Africa and calling for international intervention.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each

Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.

Recover Money Sent to Wrong Bank Account in Nigeria

Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Court Freezes Nestoil Assets in $1B Debt Case

Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.

Nigeria Aims for $1 Trillion Economy by 2030

Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.

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