Ebun Francis The Presidency on Tuesday announced that it will not dispute the decision of the senate to reject the $29.9 loan request sent to the national assembly by the…
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Category: Economy
Why Senate rejected Buhari’s $29.9bn loan request – Ndume
The Leader of the Senate, Ali Ndume, on Tuesday said senators voted against President Muhammadu Buhari’s request for $29.9bn foreign loan due to technical issues. Briefing newsmen shortly after plenary,…
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Senate rejects Buhari’s plan to borrow $29.96bn loan request
Chidi Samuel The plan of President Muhammadu Buhari to revatilise Nigeria’s ailing economy though external borrowing suffered a set back as the senate Tuesday voted to reject the President’s request…
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CBN warns against patronage of ‘Wonder banks’
Ebun Francis For many Nigerians who are being lured by the prospect of quick and easy money,the Central Bank of Nigeria on Monday warned them against patronising what it called…
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Naira appreciates against the dollar
The Naira on Monday in Lagos appreciated marginally against the dollar at the parallel market, gaining N2. The currency exchanged at N468 to the dollar as against N470 it traded…
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