Tag: Debt

FG plans $1.25bn loan with World Bank

FG plans $1.25bn loan with World Bank

The Federal Government is currently in talks with the World Bank for a new $1.25 billion loan. In a document titled ‘Nigeria Actions for Investment [...]
Access Bank given go ahead by British bank to recover $220m debt from Orjiako

Access Bank given go ahead by British bank to recover $220m debt from Orjiako

A British Virgin Islands (BVI) commercial court has ruled in favour of Access Bank Plc, as the Nigerian lender moves to recover a $220 million debt fr [...]
Unborn Nigerians to service FG’s $25 billion debt

Unborn Nigerians to service FG’s $25 billion debt

The Federal Government has disregarded the Central Bank of Nigeria Act (2007) as it moves to restructure its estimated $25.6 billion (an equivalent of [...]
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