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President Bola Tinubu has justified the frequent borrowings under his administration, insisting that it is not a criminal act. He stated this during a media chat...
A founding member of the All Progressives Congress (APC), Osita Okechukwu, has called for a high panel of enquiry to reexamine Nigeria’s debts and uncover genuine...
Nigeria’s Minister of Finance and Coordinating Minister of Economy, Wale Edun, met with the House of Representatives Committee on Small and Medium Enterprises on Friday to...
The banking sector based on statistics recorded a total of N1.21 trillion in non-performing loans as of the end of February 2022 amid the devastating economic...
Despite investment in the Agricultural sector by the federal government, Nigeria’s agricultural imports has continued to take an upward trajectory, Naija News understands. A total of...
By Richard Ogunsile and Chukwuani Victoria When a country borrows hugely either internally or externally, there is an expectation the borrowed funds will impact its economy...
The President of Nigeria, Muhammadu Buhari on Friday appealed to the international financial institutions and developed countries to consider debt cancellation for their debtors. This is...
The Minister of Information and Culture, Lai Mohammed on Thursday asserted that there is a long list of projects being executed with the loans obtained by...
The Rivers State National Assembly Caucus has condemned President Muhammadu’s Buhari constant loan requests and has described it as unconstitutional. The national assembly caucus had shown...
The Presidency on Saturday gave detailed breakdown on how the President Muhammadu Buhari administration plans to spend new foreign loans. Recall that Buhari on Tuesday forwarded...
While Nigerians are at a loss as to how debts accumulated by the federal government rose to N26.91trn from the N9.8trn it was in 2015, they...
The Senator representing Borno South on the platform of the All Progressives Congress (APC), Senator Ali Ndume on Thursday expressed worry over the rate at which...
The President of Nigeria, Muhammadu Buhari has forwarded a letter of request to the House of Representatives seeking their approval to borrow fresh external loans of...
The All Progressives Congress (APC) has told former Vice President Atiku Abubakar that he has no moral right to ask President Muhammadu Buhari to apologize to...
Members of the National Youth Service Corps (NYSC) will be offered loans to start small and medium scale enterprises, which they will repay in seven years,...
The minister of information and culture, says the Federal Government, Lai Mohammed, was denied loans by some foreign organisations because of the clashes between farmers and...