A Federal High Court in Lagos on Friday, granted a motion by the Economic and Financial Crimes Commission (EFCC), seeking to discontinue a suit against the Kogi Government. EFCC had brought the...
Read More
2 Minutes
BREAKING: Buhari Seeks Senate’s Approval For Fresh $4bn, €710m Loans
Despite public outcry over incessant borrowing by the current administration, President Muhammadu Buhari on Tuesday, asked the Senate to approve $4 billion and €710 million external loans. The development...
Read More
3 Minutes
Finance Ministry Should Be Renamed As Foreign Loans, Debt Accumulation Ministry – HURIWA Slams Buhari
The Human Rights Writers Association of Nigeria, HURIWA, has called on President Muhammadu Buhari to change the name of the Ministry of Finance, Budget and National Planning to “Ministry of Foreign Loans...
Read More
2 Minutes
Further Borrowing Will Lead To A Disastrous Debt Bubble Bust – Moghalu Cautions FG Over Incessant Loan Requests
Former Central Bank of Nigeria (CBN) Deputy Governor, Kingsley Moghalu has expressed concern at the rate Nigeria’s public debt increased in the last six years under the President Muhammadu Buhari administration. ...
Read More
4 Minutes
World Bank Approves $700m Loan For Nigeria
The World Bank has approved a $700 million dollar loan for the Nigeria Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Programme (SURWASH). It made the announcement in a statement on...
Read More