Category : Search result: N5 million 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.

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 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 $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.

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 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.

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 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 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 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.

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