Nigerian authorities have intensified regulatory oversight of digital lending platforms as part of a broader effort to restore discipline, enforce compliance, and protect consumers within the...
Nigeria is expected to receive $500 million from the African Development Bank (AfDB) before the end of this year as part of a $1 billion budget...
The Federal Government is in advanced talks with China’s Export-Import Bank to secure a $2 billion loan to fund the construction of a new national super...
The Federal Government has secured a $25.35 million concessionary loan from the Kuwait Fund for Arab Economic Development as part of a $62.8 million financing package...
The Nigerian Senate has approved President Bola Tinubu’s request for a $21 billion external loan intended to finance critical infrastructure projects and settle outstanding pension liabilities...
Nigeria has secured a $747 million syndicated loan led by Deutsche Bank to commence construction of the first phase of its ambitious 700-kilometre coastal highway project....
The Central Bank of Nigeria (CBN) has directed deposit money banks to submit detailed capital restoration plans by the end of this week as it ends...
Negotiations between Nigeria and Saudi oil giant Aramco over a proposed $5 billion oil-backed loan are facing delays with banks expressing caution amid falling crude prices...
Namibia’s Ministry of Finance has announced plans to raise $122 million from the domestic market and explore syndicated loan options to partially refinance its $750 million...
Nigeria’s total debt to the Japan International Cooperation Agency (JICA) is expected to rise significantly from $53.31 million to $163.31 million if the proposed ¥15 billion...
