Friday, November 24, 2017
Tags Posts tagged with "loan"

Tag: loan

9mobile: Banks running out of patience

  By Odunewu Segun The troubles of Etisalat, now 9mobile is far from being over as the 13 banks that threatened to take over the telecom...

Nigeria’s debt stock increases by 3.6% in 3 months

Nigeria’s total debt stock climber higher from N19.64trn recorded in June 30 to 20.37trn as of September 30, the Debt Management Office has said. In...

Nigeria still exposed to financial shocks, says Moody

  By Odunewu Segun   Moody's Investors Service has today downgraded the Government of Nigeria's long-term issuer and senior unsecured debt rating to B2 from B1...

AfDB denies calling off loans to Nigeria

Reaffirms strong support for Government’s economic recovery efforts By SUNDAY ODIBASHI   The African Development Bank has refuted the report that it has "called off loans to Nigeria"....

AfDB reconsiders stance, mulls $400m loan for Nigeria

By Odunewu Segun The African Development Bank (AfDB) last night said it might consider an additional $400 million for Nigeria to support its growth and...

2018 budget in jeopardy as FG’s borrowing spree hits brickwall

By Odunewu Segun Nigeria’s could have serious problems implementing the 2017 and very likely, 2018 budget following a the recent announcement by the African Development...

Ministers at loggerhead over $5.5bn loan

Two high ranking ministers, Rotimi Amaechi of the transport ministry and the Minister for Finance, Kemi Adeosun, are currently at loggerhead on the use...

FG seeks to borrow N110bn from local market

The Federal Government of Nigeria, FGN, through the Debt Management Office, DMO, today, Wednesday, October 25, 2017, conducted a bond auction exercise at the...

Senate intervenes in $1.2 Billion debt crisis rocking Etisalat Nigeria

Nigerian Senate has resolved to intervene in the $1.2b debt crisis rocking Etisalat Nigeria and urged relevant financial agencies of the Federal Government to...

Nigeria heading for financial crisis, says W’Bank

  The World Bank has said Nigeria may be heading for serious financial crisis following the decision of the government to seek for more loans...
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