Category : Search result: borrowing plan


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.

UN Backs Morocco's Western Sahara Autonomy Plan

King Mohammed VI celebrates significant UN support for Morocco's autonomy proposal for Western Sahara, marking a crucial step toward resolving the decades-long territorial dispute.

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, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

House Approves Tinubu's ₦2.35T Loan, ₦500B Sukuk

Nigeria's House of Representatives has approved President Tinubu's massive borrowing plan to fund critical infrastructure projects across the nation, including a landmark Islamic finance initiative.

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.

FG Plans Electricity Subsidy for Vulnerable Nigerians

The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.

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.

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