World Bank okays fresh $700m loan for Nigeria
The World Bank has approved a new loan of $700 million aimed at strengthening educational opportunities and empowerment for adolescent…
Loans
Banks’ bad loans hit N478bn in Q1 2023
During the first half of 2023, four prominent banks, including Guaranty Trust Bank Holding Plc , FBN Holdings Plc, FCMB…
Workers knocks govs over N2.2tn loans from banks
Findings have revealed that the state governments across the federation are owing commercial banks the sum of N2.2tn. According to…
Nigerian firm seals $750k solar deal
A Nigerian mini-grid participant named Husk Power Systems has secured finance for solar mini-grid projects in Nasarawa State totaling $750.000. According to…
Ghana halts payment on Eurobond, others
Ghana has declared a halt to debt service payments on its commercial loans, Eurobond loans, and bilateral debts. This was confirmed by…
Analysts kick as CBN loans to FG hit N22tn
A recent report has revealed that the Federal Government is owing the Central Bank of Nigeria the sum of twenty-two trillion naira,…