Category : Search result: 500 million loan


Endrick Joins Lyon on Loan from Real Madrid

Brazilian starlet Endrick moves to Lyon on loan from Real Madrid. The 19-year-old aims to secure playing time ahead of the 2026 World Cup. Full details on the transfer.

FG Opens N5m Loan Scheme for Youths: Apply Now

The Federal Government invites employed Nigerian youths (18-39) to apply for loans up to N5 million via CREDICORP's YouthCred scheme. Learn details and public reactions.

Cross River Enforces Vehicle Colours from Jan 31

Cross River State mandates all commercial vehicles to adopt state-approved colours and security numbers by January 31, 2026. Non-compliance will attract sanctions. The move aims to boost safety and uniformity.

NELFUND Gives N154.4bn Loans to 788,947 Students

Nigerian Education Loan Fund disburses N154.4bn in interest-free loans to 788,947 students. CEO Akintunde Sawyerr reveals details and urges more applications from public institution students.

1,100+ Ondo Varsity Students Get N144.5m Loan

Adekunle Ajasin University confirms over 1,116 students benefited from N144.5m NELFUND loans for tuition. VC also details new hostel projects to enhance campus safety. Read more.

Police bust kidnapping syndicate, recover GPMG in Gombe

Gombe State Police Command, with hunters, neutralized two kidnappers, arrested seven, and recovered a General Purpose Machine Gun. The syndicate confessed to receiving N150 million in ransoms. Read the full details.

NDIC Reiterates N5m Deposit Insurance Cover

NDIC MD reassures depositors of N5m insurance cover, details collaboration with CBN for supervision, and warns against Ponzi schemes. Read key insights from Kano Trade Fair.

Court Upholds Ban on VIO Vehicle Impoundment

The Court of Appeal in Abuja has affirmed a ban on VIOs impounding vehicles and imposing fines, awarding N1 million in damages. Read the full details of this landmark ruling.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

Cartoon Network Hits 500 Episodes Milestone

Cartoon Network marks a major achievement with 500 episodes aired in Nigeria, celebrating its impact on youth entertainment and animation culture. Discover the journey and future plans.

Mother Kidnaps Son, Demands N5m Ransom in Kebbi

A 25-year-old mother has been arrested in Kebbi State for allegedly kidnapping her own son and demanding a N5 million ransom from the father. The 4-year-old boy was rescued unharmed.

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.

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