$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Category : Search result: N207 billion loan
UK Halts $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
UK Pulls $1.15bn Loan for Mozambique Gas Project
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
Nearly 800,000 Students Benefit from NELFUND Loan Scheme
Nigerian Education Loan Fund reveals 788,947 students have received loans totaling N140.88 billion. Discover the breakdown, top applying universities, and student experiences with the scheme.
Court dismisses N1bn fraud case against MTN ex-staff
Lagos High Court acquits MTN ex-staff and contractor in N1bn fraud case after settlement. EFCC ordered to return seized assets and properties immediately.
NASC to refund N6.9bn for contract inflation
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without approvals. Read the shocking details of financial misconduct.
Abia Pays 20-Year Pension Arrears: N60bn for Retirees
Abia State government starts phased payment of N60 billion pension arrears owed since 2001. Governor Alex Otti brings relief to retirees after two decades of waiting.
SERAP sues Akpabio, Abbas over ₦18.6bn payments
SERAP files lawsuit against National Assembly leaders over missing ₦18.6bn for commission complex. Demand full accountability and transparency in public funds management.
NASC to refund N6.93bn for inflated contracts
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without due process. Chairman ordered to account for funds or face sanctions. Read full details.
Google Funds N3 Billion Digital Skills Programme
Google.org commits N3 billion to advance Nigeria's digital transformation through AI talent development and cybersecurity training. Learn how this initiative creates job opportunities.
$460m Abuja CCTV Project Failure Under Investigation
House of Representatives launches forensic investigation into failed $460 million CCTV project as Abuja faces worsening insecurity. Committee demands accountability.
Court Strikes Out Nnamdi Kanu's N50bn Suit Against FG
Federal High Court dismisses Nnamdi Kanu's N50 billion rights violation case against Nigerian government due to lack of diligent prosecution. Read full details.
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.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Nigerian Couple's $88,000 Wedding Loan Costs $158,924
A Nigerian couple borrowed $88,000 for their wedding and will repay $158,924 over 17 years. Shocking details revealed by friend spark wedding cost debate.
Nigeria gets $500m AfDB loan for energy transition
Federal Government secures $500 million from African Development Bank to finance energy transition and economic governance reforms. Learn how this impacts Nigeria's development.
Obiano's N4bn Money Laundering Trial Adjourned Indefinitely
Federal High Court adjourns former Anambra Governor Willie Obiano's N4 billion money laundering case indefinitely. EFCC requests delay for original judge's return. Full details inside.
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.
5 Govt Loans & Grants for Nigerians Under Tinubu
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
FirstBank Lends N200bn to Nigerian SMEs in 2024
FirstBank has disbursed over N200 billion to Nigerian SMEs, tackling funding gaps with uncollateralized loans and business training to foster economic growth.
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.
Nigeria loses $18bn yearly to procurement fraud
Federal Government exposes $18 billion annual loss to procurement corruption, demands transparency in public contracts to fund national development projects.
SERAP defends mandate in N5bn suit against DSS officials
SERAP tells court it promotes economic rights, not anti-government criticism, in N5bn defamation case. Case adjourned to February 19 for final addresses.
Lumumba to Deliver UNILORIN's 50th Anniversary Lecture
Renowned speaker Prof. Patrick Lumumba will deliver the University of Ilorin's 50th-anniversary lecture. The event features a N500bn endowment fund and a Nollywood premiere. Don't miss this historic celebration!
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.
Shehu Sani counters El-Rufai's N1bn bandit payment claim
Former Senator Shehu Sani denies El-Rufai's accusation that Kaduna government paid bandits N1 billion. Sani reveals El-Rufai's own history of appeasing terrorists during his tenure. Read the full explosive details.
Lawyer: How to Stop Loan App Harassment in Nigeria
A Nigerian lawyer explains the illegal tactics used by loan sharks and reveals the government agency that can stop cyber-stalking. Learn your rights today!
Lady's N16k Loan Becomes N365k Debt from Loan App
A Nigerian woman's N16,000 loan from a mobile app escalated to N365,000 repayment demand. Discover the shocking details and public reactions to this predatory lending case.
Man's N1.3m Loan App Credit Score Stirs Reactions
A Nigerian man's display of his over N1.3 million credit score on a loan app has generated mixed reactions online, with many warning it's a trap. Discover the full story.
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