Category : Search result: 500 million loan

Gunmen Abduct Kwara Monarch, Demand N150 Million Ransom

Kwara Monarch Kidnapped, N150m Ransom Demanded

Masked gunmen have kidnapped Oba Kamilu Salami, the Ojibara of Bayagan in Kwara State. The kidnappers are demanding N150 million ransom for his release. Read the full details.

Okorocha's Niece Uche David Obinali Faces N17m Land Fraud Charges

Okorocha's Niece Charged in N17m Land Scam

Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.

AfDB Approves $500 Million Loan to Boost Nigeria's Economy

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

Bandits Demand N600m Ransom for Abducted Kaduna Anglican Priest and Wife

N600m Ransom Demand for Kidnapped Kaduna Priest

Bandits release photos of abducted Kaduna Anglican priest Ven. Edwin Achi and wife Sarah after demanding N600m ransom. The couple was kidnapped from Nissi community on October 28, 2025.

CBN Holds Interest Rate at 27%: No Loan Relief Until 2026

CBN Retains MPR at 27%, Delays Loan Rate Cuts

Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.

Gov Oborevwori Praises Nigerian Navy's Role in National Economy

Oborevwori hails Navy's role in national stability

Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.

Delta State Seeks ₦1bn BOI Loan to Boost Industrialisation and Digital Innovation

Delta State Seeks ₦1bn BOI Loan for Industrial Growth

Delta State Government plans to secure ₦1 billion loan from Bank of Industry to accelerate industrialisation and technology-driven manufacturing. Learn how this initiative will transform the state's economy.

Yanga FM Rewards First Caller with ₦1 Million in Historic Broadcast

Yanga FM Makes History with ₦1 Million Giveaway

Yanga FM, Nigeria's first urban-pidgin radio station, has made broadcasting history by awarding ₦1 million to its first caller. Discover how this groundbreaking moment is reshaping Nigerian radio.

TETFund Commissions N1.39bn Female Hostel at Ken Saro-Wiwa Poly

TETFund opens N1.39bn female hostel in Rivers

TETFund has commissioned a new N1.39 billion, 244-bed female hostel at Ken Saro-Wiwa Polytechnic, Bori, to ease student accommodation. The N50m student grant is also on track.

Court Awards N20.7 Billion to Union Bank Against Oil Marketer

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Bandits Kill Victim After Collecting N70m Ransom in Niger State

Bandits Kill Victim After N70m Ransom in Niger

Bandits brutally murdered Usman Buhari after collecting N70 million ransom from his family in Niger State. The victim was kidnapped along Mokwa-New Bussa Road. Read more about this tragic security failure.

Taye Arimoro Sues Peggy Ovire for ₦100m Over Movie Set Assault

Actor Taye Arimoro sues Peggy Ovire for ₦100m

Nollywood actor Taye Arimoro files lawsuit against Peggy Ovire demanding ₦100 million compensation for alleged assault and rights violation on movie set. Read full details.

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