•Tinubu and World Bank logo The World Bank yesterday approved a $500 million financing package for Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. A statement by the Bank said the operation under the Fostering Inclusive Finance (FINCLUDE) comprises a $400 million International Bank for Reconstruction and Development (IBRD) loan and a ...
•Dollars and Tinubu The Tinubu-led federal government has secured a $25.35 million concessionary loan from the Kuwait Fund for Arab Economic Development to support a major initiative aimed at reducing the number of out-of-school children in Kaduna State. The facility, signed on behalf of the Kaduna State Government, forms part of a broader $62...
•Tinubu President Bola Tinubu has written to the National Assembly seeking approval for a new external borrowing of $2.209 billion (N1.767 trillion), as provided for in the 2024 Appropriation Act, with experts warning against plunging the country into more debt. According to the president, the request is part of Nigeria’s budgetary financing p...
•Tinubu President Bola Tinubu has written to the National Assembly, seeking approval of a fresh N1.767 trillion as a new external borrowing plan in the 2024 appropriation act. If approved, the loan will be used to part-finance the budget deficit of N9.7tn for the 2024 budget, reports Channels TV. The president’s request was read by […]...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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