Category : Search result: 5 billion funding


Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan

President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.

FG Vows to Prevent Fresh ASUU Strikes

Nigerian government pledges to address university issues proactively as Education Minister Tahir Mamman declares zero tolerance for academic disruptions.

Nvidia & Deutsche Telekom Launch €1B AI Hub in Germany

Tech titans Nvidia and Deutsche Telekom announce groundbreaking €1 billion AI partnership to establish Europe's premier artificial intelligence development hub, accelerating digital transformation across the continent.

$5B Funding for 500,000bpd Nigerian Refinery

In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.

6 Nigerians Exposed as Terror Financiers in UAE Court

New details emerge from UAE court documents revealing six Nigerians accused of financing Boko Haram terrorists. Discover the sophisticated money laundering networks and how authorities are fighting back.

Lafarge Faces French Court Over Terror Funding Claims

French cement giant Lafarge stands trial in Paris for allegedly paying millions to jihadist groups including ISIS during Syrian operations. Discover the explosive corporate terrorism financing case.

Nasarawa Settles 4,000 Teachers' Salary Dispute

Nasarawa State Government finally resolves payment dispute with 4,000 teachers, bringing relief to embattled educators after prolonged uncertainty over their employment status and salaries.

NIPSS N1.1B Lawsuit: Court Hearing Begins

The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.

KDU VC: Include Private Varsities in NELFUND

Professor Debo Adeyewa, Vice-Chancellor of Kings University, makes urgent appeal for private universities' inclusion in student loan scheme to ensure educational equity across Nigeria.

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.

DFI Partnerships Unlock Millions for Nigerian MSMEs

Discover how a leading Nigerian lender is collaborating with development finance institutions to provide crucial financing solutions for micro, small, and medium enterprises across Nigeria.

VFD Group Q3 Earnings Soar to N60.7 Billion

VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.

TETFund Unveils ₦1.05B Infrastructure at IMT Enugu

The Tertiary Education Trust Fund has officially commissioned state-of-the-art facilities worth over one billion naira at the Institute of Management and Technology, Enugu, marking a significant milestone in educational development.

DFI Partnerships Unlock Millions for Nigerian MSMEs

Discover how innovative lender partnerships with Development Finance Institutions are creating unprecedented access to capital for Nigeria's small businesses, driving economic growth and job creation across the nation.

NFF VP Debunks ₦12B Kebbi Stadium Rumors

NFF Vice President Sheu Dikko clarifies misconceptions about Kebbi State Stadium funding, revealing the truth behind viral ₦12 billion claims in detailed explanation.

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