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Buhari seeks senate’s approval of over $5bn loan

President Muhammadu Buhari has sent a formal request to the Senate, seeking approval of an external loan amounting to over $5billion, to fund projects...

#DeadlineDay: Griezmann returns to Atletico on loan from Barcelona

La Liga champions Atletico Madrid have re-signed forward Antoine Griezmann from Barcelona on a one-year loan deal. Atletico will pay the player's wages and there...

IMF cautions FG on acquisition of loans

The International Monetary Fund (IMF) has cautioned the federal government to keep its borrowing from the Central Bank of Nigeria within legal limits. The IMF...

FG has repaid $150m out of $2bn Chinese loan – Amaechi

Minister of Transportation, Rotimi Amaechi, has claimed that the Federal Government has repaid up to $150m out of the $2bn loan borrowed from China...

Ondo: Resident doctors, legal officers commence indefinite strike

The Association of Resident Doctors in the Ondo State University of Medical Sciences Teaching Hospital (UNIMEDTH) on Monday began its indefinite strike action over...

Crisis-hit Argentina asks for IMF bailout

President Macri of Argentina has asked the International Monetary Fund, IMF, for a $50b bailout following an economic crisis that has led to inflation

Nigeria’s Chinese Loan: The genesis and the bitter truth

By Nathaniel C. Adoji “….I said in 2015 immediately Buhari came to power that there was nothing he could do without funds. The earnings from...

Bayelsa denies taking new N40bn loan

The Bayelsa Government has denied media reports that it was taking a fresh N40 billion loan on Monday. Mr Daniel Iworiso-Markson, the state Commissioner for...

Kogi agriculture sector receives boost as Assembly approves loan

...ISPO approved to guarantee Agric Integrated Africa Services Limited loan to build 50 tons capacity rice mill in Omi As part of the desire of...

Kurt Zouma signs new Chelsea contract, joins Stoke on loan

French and Chelsea defender Kurt Zouma have joined English Premier League side Stoke City on a season-long loan. The Blues also announced the 22-year-old has...

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