By Aluta News Jan. 17, 2023 Benue House of Assembly on Tuesday approved requests by Gov. Samuel Ortom to access two loans totalling N2.2 billion to pay the state’s counterpart funding on two schemes. The… Benue Assembly approves Gov. Ortom’s loan requests of N2.2bn

By Aluta News Oct. 21, 2022 The Debt Management Office (DMO), says it will add the Central Bank of Nigeria (CBN)’s N20 trillion “Ways and Means’’ loans to the Federal Government’s total debt stock. The… DMO to add N20trn “Ways and Means” loans to public debt stock

By Aluta News Jan. 29, 2022 The Central Bank of Nigeria (CBN) has released operational guidelines on the Global Service Instructions (GSI), aimed at checking the spate of bad loans within the banking sector. According… CBN releases GSI framework to check bad loans

By Aluta News Dec. 18, 2021 The Debt Management Office (DMO) has clarified that loans from China  to Nigeria, which presently stood at 3.59 billion dollars, constitutes only 9.4 per cent  of the country’s total foreign debt… Nigeria has not, and will not, mortgage national asset for Chinese loans — DMO

By Aluta News July 15, 2021 The Senate on Thursday approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan. The… Senate approves Buhari’s request for $8.325m, €490m external loans