The World Bank has finally broken the silence on the news report that President Muhammadu Buhari-led government is borrowing a whopping sum of $800 million from the multilateral institution. The Director of the World Bank in Nigeria, Shubham Chaudhuri who spoke on Monday in an interview with This Day said …
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A consortium of 7 local and international lenders has signed an agreement to refinance Neconde Energy Limited’s existing Senior Secured Medium-Term Loan Facility Agreement worth $640 million with Neconde Energy Limited, an indigenous Oil and Gas Exploration and Production company, following the 20 year renewal of the Oil Mining License …
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Governor Ayodele Fayose of Ekiti State has written the Chinese government, seeking the stoppage of the $2 billion loan being sought by the Federal Government, saying that “the government of China should be mindful of the fact that Nigerians, irrespective of their political and religious affiliations are totally opposed to …
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