•Tinubu and House of Representatives The House of Representatives, yesterday, approved President Bola Tinubu’s request to the National Assembly, seeking approval to borrow $347m under the 2025–2026 borrowing plan. The Speaker of the House of Representatives, Tajudeen Abbas, read the president’s correspondence on the floor of the Green Chamber ...
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile. The loans are to support critical areas, including nutrition improvement and quality basic education, reports The PUNCH. Information obtained from the World Bank’s website yesterday showed that t...
•Tinubu and National Assembly complex, Abuja The National Assembly, yesterday, questioned President Bola Tinubu’s request for loan requests as some revenue-generating agencies of the federal government disclosed that they had already surpassed their budgetary revenue target for 2024. The Chairman of the Federal Inland Revenue Service, Zacch Ad...
•Tinubu and Senate The Senate will approve the $2.2bn (about N1.77trillion) loan request of President Bola Tinubu today (Wednesday). This request, submitted by the president, is part of the external borrowing plan outlined for implementing the N28.7tn 2024 budget, reports The PUNCH. In separate letters read during the Senate and House of Repre...
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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