-
By admin
- In Agency
Kano secures $100m World Bank loan to reform education
Kano State Government has secured an intervention fund of over $100 million from the World Bank to address the near collapse and infrastructural deficit in its education sector. The loan granted by the state government under the Adolescent Girls’ Initiative for Learning and Empowerment (AGILE), a five-year project, is expected to enhance quality education, a […]
Read More
-
- In Agency
Nigeria gets $1.5b loan to improve solar power infrastructure
Indications emerged, yesterday, that Nigeria has secured a $1.5 billion loan from the US-EXIM Bank to deliver solar power infrastructure in 10 different locations across the country. Adam Cortese, Chief Executive Officer, SUN Africa LLC, USA, gave the hint shortly after a delegation of the company met with President Muhammadu Buhari at the Presidential Villa, […]
Read More
-
- In Agency
Nigeria to exceed borrowing limit in 2023; seeks N11 trillion new loan
The Minister of Finance and National Planning, Zainab Ahmed, has said the federal government will borrow over N11 trillion and sell national assets to finance the budget deficit in 2023. She also said the government’s budget deficit is expected to exceed N12.42 trillion if it should keep petroleum subsidy for the entire 2023 fiscal cycle. Mrs […]
Read More