Tag: Loan

Inter Milan Extends Victor Moses’ Loan, Listed for Europa Action

  Former Super Eagles winger, Victor Moses, has been listed in Inter Milan’s squad for the restart of the Europa League to confirm his loan extension at the Serie A…

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President Buhari Approves Counterpart Funding For Siemens to Revamp Power Infrastructure

  Nigerian President Muhammadu Buhari approved counterpart funding for a deal that will see Siemens AG upgrade the nation’s dilapidated power infrastructure. Nigeria, Africa’s most populous nation, last year contracted the German…

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South Africa Receives $1 Billion Covid-19 Loan From NDB

South Africa received the $1 billion emergency loan that it secured from the New Development Bank to assist in fighting the coronavirus pandemic on July 20, according to the National Treasury. The…

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U.S. Exim Bank Out to Displace China After Record Loan in Africa

Bank finalizes $4.7 billion loan for Mozambique gas project Support could range from power systems to telecommunications The Export-Import Bank of the U.S. opened a new front in the trade…

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FG earmarks N4.28tn loan for N12.66tn 2021 budget

The Federal Government has proposed N12.66tn as aggregate expenditure for the 2021 fiscal year on a deficit of N5.16tn. It would be partly financed by a total loan package of…

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Nigeria’s President Buhari writes National Assembly, seeks $5.5bn fresh loan

The Senate on Thursday justified the $5.513 fresh external loan request from the President, Major General Muhammadu Buhari (retd.), insisting that it would not be a burden to the country.…

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