Category : Search result: Federal Government loan scheme


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.

Police Pension Board Bill Awaits Tinubu's Assent

President Tinubu is set to approve the Nigeria Police Pension Board bill, removing officers from CPS. Retirees could earn 85% of emoluments as pension. Read the latest developments.

South-East Nigeria Launches 100,000 Housing Units

South-East states partner with Igboebinie consortium and Hand of God Construction to deliver 100,000 housing units across the region, creating 3 million jobs and addressing Nigeria's housing crisis.

Senate Screens 38 FCC Nominees for Fairness

Nigerian Senate screens 38 FCC nominees, vows to uphold federal character principles for equitable resource distribution. Report expected soon for final confirmation.

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.

Chinese Bitcoin fraudster jailed 11 years in UK

Zhimin Qian, the 'goddess of wealth', sentenced to 11+ years for massive Bitcoin Ponzi scheme that defrauded 128,000 victims. UK police seized record 61,000 bitcoin worth over £5 billion.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

FG Hires Consultants for Gari Irrigation Boost

The Federal Government has engaged technical consultants to revitalize the Gari Irrigation Project, aiming to enhance water management and boost food security across participating states.

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