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 has disbursed ₦2.086 billion through the Nigerian Education Loan Fund (NELFUND) to students of higher institutions across the North-West region. Director of the...

Budgets are supposed to create order. You plan, you allocate, and in theory, you coast from one paycheck to the next. But reality has a way...

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...

Accugas Limited, the midstream gas subsidiary of Savannah Energy, has secured a significantly expanded ₦773 billion local currency facility from a consortium of five Nigerian banks...

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...

The Presidency has defended its borrowing framework as a strategic necessity for national development following President Bola Tinubu’s recent request to the National Assembly for approval...
Nigeria has officially completed the repayment of its $3.4 billion emergency loan from the International Monetary Fund (IMF), disbursed under the Rapid Financing Instrument (RFI) in...