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Tag: Funding

Breaking News

UPDATED: Reps Approve Tinubu’s $516m Loan Request

The House of Representatives has approved President Bola Tinubu’s request to borrow five hundred and sixteen million, three hundred and thirty-three thousand, seven US dollars ($516,333,700) in syndicated financing from Deutsche Bank AG. They approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the […]

Economy

No Hidden Spending, Diversion In Federation Revenue – FG

Minister of State for Finance, Taiwo Oyedele, in a statement issued in Abuja, described the reports as a misrepresentation of findings contained in the latest Nigeria Development Update by the World Bank. According to him, recent media interpretations suggesting that a significant portion of federation earnings was being diverted were inaccurate and based on a […]

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