loan

Two British museums are returning gold and silver artefacts to Ghana under a long-term loan arrangement 150 years after the items were looted from the Asante people during Britain’s colonial battles in West Africa. The British Museum and…

The International Monetary Fund (IMF) has approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million, offering some relief to the East African country as it battles financial pressures. The…

The Nigerian Senate has approved President Bola Tinubu’s request of 2022-2024 external borrowing rolling plan of 7.4 billion dollars and 100 million euros. This followed a presentation and adoption of the report of the…

The Oyo State Government has provided one billion Naira loan facility to the State Agricultural Credit Corporation, under the Sustainable Action for Economic Recovery (SAFER) Programme, to be disbursed to farmers across the state. A…

Nigerian President Bola Ahmed Tinubu has written to the House of Representatives, seeking approval to take a loan of $7.86 billion and €100 million under the Federal Government 2022-2024 external borrowing plan. The President's…

The All Progressives Congress (APC) in Plateau State has kicked against Gov. Caleb Mutfwang’s request to the State House of Assembly for an approval to acquire a-fifteen billion naira (N15,000,000,000) loan. Mutfwang’s communication was…

The International Monetary Fund has reached a preliminary agreement with the Egyptian government that paves the way for the Arab nation to access a $3 billion loan, officials said. In a statement issued, Egypt's IMF mission chief Ivanna…

The Manufacturers Association of Nigeria has warned that the recent increase in base lending rate by the Monetary Policy Committee of the Central Bank of Nigeria will trigger higher prices of products. In a statement titled, “The…

Governor Charles Soludo’s request to access loan facilities worth N100 billion from the Central Bank of Nigeria (CBN), for infrastructure development, has been approved by the Anambra State House Of Assembly. The approval followed the…

Mozambique is on the verge of securing the first loan in five years from the International Monetary Funds. The IMF stated that “discussions will begin next year on an extended credit facility, the first since it suspended the southern…