Category : Search result: Senate loan approval


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.

Advokc Foundation Slams Nigeria's 10th Senate

Advokc Foundation warns Nigeria's 10th Senate risks legacy of scandals and stalled reforms. Critical bills remain in limbo as controversies mount. Read full analysis.

SWUN Secures Law Programme Approval from NUC

Southwestern University in Ogun State receives NUC accreditation for Law degree programme, marking significant academic expansion. Discover how this shapes legal education in Nigeria.

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.

153 Palestinians arrive in South Africa unexpectedly

Israeli authorities confirm 153 Palestinians received third-country approval before landing in Johannesburg. President Ramaphosa questions the mysterious arrival as South Africa processes the group.

Senate Orders NNPCL to Refund N210 Trillion

Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.

Senate okays N1.15trn loan for 2025 budget deficit

The Nigerian Senate has approved President Tinubu's request to borrow N1.15 trillion from the domestic debt market to fund the increased 2025 budget deficit. Read the full details and implications.

Oshiomhole: Don't Tax Nigerian-Made Beer, Goods

Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.

Plot to Impeach Akpabio Uncovered in Senate

Senator Orji Kalu reveals impeachment plot against Senate President Godswill Akpabio was thwarted. Discover how APC lawmakers resolved the political crisis in Abuja.

Tokunbo Abiru's Journey to Senate

Discover how Mukhail Tokunbo Abiru transitioned from a distinguished banking career to becoming the Senator representing Lagos East. Learn about his 'Doing Good' initiatives and political impact.

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