Tag: Loan

Senate approves Tinubu’s $2.2bn loan request

The Senate on Thursday approved President Bola Tinubu’s loan request of $2.2 billion to partially finance the ₦9.7 trillion budget deficit for the 2024 fiscal year. The approval followed the…

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Tinubu’s Goverment Requests Approval for a New $2.2 Billion External Loan from N’Assemby

President Bola Tinubu has written to the National Assembly to seek the approval of a fresh $2.2bn as a new external borrowing plan in the 2024 Appropriation Act. The President’s…

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TRANSFER NEWS : Osimhen rules out January move to Chelsea

Nigerian professional Footballer Victor Osimhen has confirmed he will not be joining Chelsea during the January transfer window. He states his commitment to remain with Turkish giants Galatasaray until the…

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World Bank approves $1.57bn loan for Nigeria

The World Bank has again approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal…

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Osimhen joins Galatasaray on loan until 2025

Turkish side, Galatasaray may have reached an agreement with Italian side Napoli to sign Nigerian international striker, Victor Osimhen on a season-long loan before the Turkish transfer window closes. The…

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Abraham joins AC Milan from AS Roma On Loan

Tammy Abraham, has joined AC Milan on a season-long loan from fellow Italian club, Roma. The 26-year-old whose parents are from Delta state, won the most recent of his 11…

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Chelsea pushing for Victor Osimhen loan deal

Chelsea has reportedly reinitiated discussions for a loan deal to sign Napoli striker Victor Osimhen, according to London Evening Standard. Osimhen is now a top priority for Chelsea as they…

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Transfer News: Bournemouth agree deal to sign Kepa Arrizabalaga on loan

Bournemouth have agreed with Chelsea in principle for a season-long loan deal for goalkeeper Kepa Arrizabalaga. The move will likely end Bournemouth’s interest in Arsenal keeper, Aaron Ramsdale, while current…

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Tinubu’s Govt Seeks $1.5bn Loan To Shore Up Naira, Boost Budget

Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira. “We’re hoping to get $1bn or $1.5bn from…

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How N200 billion was borrowed by Delta, Niger, Edo, and others during the 2023 election campaign

Some States in Nigeria borrowed about N200 billion as domestic debts at the first quarter of the year. It was earlier reported that January to March 2023 were significant months…

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