Trending News: Court frees 12 IPOB members after four years in prisonTrump tariff hike brings added China rate for many goods to 145%Court Strikes Out Nnamdi Kanu’s Fundamental Rights Suit Against FGNERC fines eight Discos N628m over estimated billingLabour shuts down Steel Ministry Over Workers’ WelfareSoludo: 23 Anambra indigenes on death row in Indonesia for drug offencesDangote Refinery Slashes Ex-Depot Petrol PriceLagos, Rivers, 28 others to experience heavy flooding – FGAkpabio petitions IG, demands Natasha’s prosecution over alleged assassination plot:Gunmen kill four in fresh Plateau, Benue attacks — REPORTDAILIES TOP STORIES: PANDEF, lawyers, CSOs, others kick as Ibas appoints LG administrators in Rivers“Boy who stood in front of Obi’s convoy detained since January without trial”US-China tariff war could cut trade between both countries by 80% — WTO chief, Okonjo-IwealaUS revokes 40 international students visas over traffic offensesTrump pauses tariffs for several countries but raises China’s rate to 125%Nigeria Is Collapsing — Peter ObiNiger dumps French, adopts Hausa as national languageTwo female factory workers drown in Kano poolRenewed Israeli strikes kill 20 in Gaza, ceasefire talks stallFEC orders full implementation of naira-for-crude dealCAJ demands release of detained journalists in Burkina FasoPolice Inspector slumps, dies after watching Arsenal thrash Real Madrid in CalabarBandits kill 2, abduct 60 in ZamfaraAjaero asks NLC members to invade LP offices nationwide after Supreme Court judgment16,000 doctors left Nigeria in 5 years – FGTariff: U.S. Faults Nigeria’s Import Ban On 25 ProductsIbas appoints administrators for 23 Rivers LGs despite court orderNearly 100 dead in Dominican Republic nightclub roof collapseDAILIES TOP STORIES: 11 PDP governors urge S’Court to halt Rivers emergency ruleWitness reveals N3bn Kogi LG funds were laundered through private accountsNEWS EXTRA: NSA Asks Nigerians To Stop Paying Ransom To Bandits, KidnappersLakurawa bandits kill three fishermen in Sokoto village raidPlateau killings genocidal, sponsored — MutfwangNigerian convicted of double murder wins human rights case in UKALERT: NiMet predicts three-day heavy rainfall in six StatesVideo of Taraba Emir Issuing Ultimatum To Fulani Herders In 2021, Resurfaces On X PlatformFour killed in Ebonyi over land disputeFarmers protest in Ondo over killing of four colleagues by suspected herdersTinubu’s aide defends soaring Naira, claims N2,500 can get Nigerian a meal in LekkiBREAKING: Fubara’s Chief of Staff slams Nwaeke, Channels TV with N2bn libel suitHotel owner assassinated in OndoShun Army recruitment, IPOB tells South East youthsGunmen kill one, abduct varsity student in KebbiNatasha Akpoti files N5bn suit against Nwaebonyi over alleged defamationBus rams into Yobe market, kills pregnant woman, four othersPolice arrest two for murder of 80-year-old woman in AnambraDavid Mark warns youths against reprisals in BenueEFCC Arraigns Bauchi Accountant General, Others Over Alleged ₦8.3bn Fraud3 arrested as Police bust Lagos baby factoryFour arrested as JAMB uncovers 585 fake A-Level certificatesDAILIES TOP STORIES: LG autonomy in the mud as govs block council chairmen from opening CBN accountsFG debunks report on Saudi entry ban for NigeriansRivers Police Spokesperson lied that officers didn’t fire tear gas at protesters despite video evidenceEFCC nabs man for buying bank account details, N2m fraudSuspects: We’re being forced to implicate Fubara’s CoS in Rivers assembly arsonBandits kill four, abduct 45 in KatsinaProtesters, journalists beaten up in Rivers, activists arrested in Yobe —Amnesty Int’l178,000 mothers, one million newborns die in Africa every year -WHOCBN Spends $669m To Defend Naira In Q1 2025 — ReportPolice fire tear gas at protesters in RiversLakurawa bandits Kill 13 Vigilantes In Kebbi StateReport reveals how Bobrisky smuggled ATM cards into Kirikiri prison, paid N35m to live comfortablyTwo Nigerians jailed in $4.9m U.S. tax refund fraud schemePolice disperse Abuja protesters with tear gasAbure’s men claim NLC planning to invade LP national secretariat over s’court verdictOil Declines As CBN Sells $198 Million To Support Naira15 injured as gas leakage from shop sparks explosion in LagosAbuse Of Process: Appointment Of Imo Chief Judge Illegal — NJC Anambra: After Six Hours Gun Battle, Operatives Dislodge Ogbunka Terror CampSelective Empathy: National Outrage in Edo-16 Killing, Silence in Plateau-52Bandits strike again, kill two Chinese expatriates, Policeman in AbiaGrenade mistaken for scrap metal explodes, kills scavenger, injures othersPolice recover body of site Engineer, killed, buried in shallow grave by his workersTeenager Dies After “Odeshi” Ritual goes wrongPolice withdraw invitation to Sanusi over Kano sallah incidentACF to FG: Stop killings in PlateauPolice warn ‘Take It Back Movement’ to cancel April 7 protestTwo brother murdered in morning farm attack in TarabaNCoS denies illegal detention of Patience Jonathan’s ex-staffNigeria faces meningitis outbreak with 151 deaths 1,826 suspected casesTwo military officers die as troops kill Boko Haram terrorists in Borno villageNDLEA arrests grandfather, siblings for drugsBorno government detains teenager for criticizing “poor condition of public schools”Tens Of Thousands March In US Against TrumpNDLEA uncovers cocaine hidden inside suitcase wallsUS To Revoke All Visas For South Sudanese Passport Holders45 Die In Abuja, Ogun Multiple Auto CrashesCarpenter electrocuted while roofing building in AnambraS’African agencies slam judge for acquitting Nigerian pastor of rapeNYSC: Education minister advocates extending national service to two yearsReject $1.08bn World Bank loan, probe missing N233bn in NBET, other funds, SERAP tells TinubuNigeria imports N11.8bn apples — ReportDAILIES TOP STORIES: Governors Await Federal Govt’s Blueprint On State Police Take-offNo! Photo of burnt Plateau yam market attributed to bandits’ attack recently, was a fire incident in 2021IG invites Emir Sanusi over violent Kano Sallah incidentEx-Nigerian First Lady’s Aides Continue to Languish In Prison Over Alleged Jewelry TheftNigeria’s debt soars to N144.67tn in 2024Police disown, arrest man threatening reprisal over Edo killingsDAILIES TOP STORIES: Labour Party dispute deepens as Supreme Court sacks Abure as National ChairmanGunmen Kidnap Female Ebonyi Government Official
Fri. Apr 11th, 2025 6:35:52 AM
Trending News: Court frees 12 IPOB members after four years in prisonTrump tariff hike brings added China rate for many goods to 145%Court Strikes Out Nnamdi Kanu’s Fundamental Rights Suit Against FGNERC fines eight Discos N628m over estimated billingLabour shuts down Steel Ministry Over Workers’ WelfareSoludo: 23 Anambra indigenes on death row in Indonesia for drug offencesDangote Refinery Slashes Ex-Depot Petrol PriceLagos, Rivers, 28 others to experience heavy flooding – FGAkpabio petitions IG, demands Natasha’s prosecution over alleged assassination plot:Gunmen kill four in fresh Plateau, Benue attacks — REPORTDAILIES TOP STORIES: PANDEF, lawyers, CSOs, others kick as Ibas appoints LG administrators in Rivers“Boy who stood in front of Obi’s convoy detained since January without trial”US-China tariff war could cut trade between both countries by 80% — WTO chief, Okonjo-IwealaUS revokes 40 international students visas over traffic offensesTrump pauses tariffs for several countries but raises China’s rate to 125%Nigeria Is Collapsing — Peter ObiNiger dumps French, adopts Hausa as national languageTwo female factory workers drown in Kano poolRenewed Israeli strikes kill 20 in Gaza, ceasefire talks stallFEC orders full implementation of naira-for-crude dealCAJ demands release of detained journalists in Burkina FasoPolice Inspector slumps, dies after watching Arsenal thrash Real Madrid in CalabarBandits kill 2, abduct 60 in ZamfaraAjaero asks NLC members to invade LP offices nationwide after Supreme Court judgment16,000 doctors left Nigeria in 5 years – FGTariff: U.S. Faults Nigeria’s Import Ban On 25 ProductsIbas appoints administrators for 23 Rivers LGs despite court orderNearly 100 dead in Dominican Republic nightclub roof collapseDAILIES TOP STORIES: 11 PDP governors urge S’Court to halt Rivers emergency ruleWitness reveals N3bn Kogi LG funds were laundered through private accountsNEWS EXTRA: NSA Asks Nigerians To Stop Paying Ransom To Bandits, KidnappersLakurawa bandits kill three fishermen in Sokoto village raidPlateau killings genocidal, sponsored — MutfwangNigerian convicted of double murder wins human rights case in UKALERT: NiMet predicts three-day heavy rainfall in six StatesVideo of Taraba Emir Issuing Ultimatum To Fulani Herders In 2021, Resurfaces On X PlatformFour killed in Ebonyi over land disputeFarmers protest in Ondo over killing of four colleagues by suspected herdersTinubu’s aide defends soaring Naira, claims N2,500 can get Nigerian a meal in LekkiBREAKING: Fubara’s Chief of Staff slams Nwaeke, Channels TV with N2bn libel suitHotel owner assassinated in OndoShun Army recruitment, IPOB tells South East youthsGunmen kill one, abduct varsity student in KebbiNatasha Akpoti files N5bn suit against Nwaebonyi over alleged defamationBus rams into Yobe market, kills pregnant woman, four othersPolice arrest two for murder of 80-year-old woman in AnambraDavid Mark warns youths against reprisals in BenueEFCC Arraigns Bauchi Accountant General, Others Over Alleged ₦8.3bn Fraud3 arrested as Police bust Lagos baby factoryFour arrested as JAMB uncovers 585 fake A-Level certificatesDAILIES TOP STORIES: LG autonomy in the mud as govs block council chairmen from opening CBN accountsFG debunks report on Saudi entry ban for NigeriansRivers Police Spokesperson lied that officers didn’t fire tear gas at protesters despite video evidenceEFCC nabs man for buying bank account details, N2m fraudSuspects: We’re being forced to implicate Fubara’s CoS in Rivers assembly arsonBandits kill four, abduct 45 in KatsinaProtesters, journalists beaten up in Rivers, activists arrested in Yobe —Amnesty Int’l178,000 mothers, one million newborns die in Africa every year -WHOCBN Spends $669m To Defend Naira In Q1 2025 — ReportPolice fire tear gas at protesters in RiversLakurawa bandits Kill 13 Vigilantes In Kebbi StateReport reveals how Bobrisky smuggled ATM cards into Kirikiri prison, paid N35m to live comfortablyTwo Nigerians jailed in $4.9m U.S. tax refund fraud schemePolice disperse Abuja protesters with tear gasAbure’s men claim NLC planning to invade LP national secretariat over s’court verdictOil Declines As CBN Sells $198 Million To Support Naira15 injured as gas leakage from shop sparks explosion in LagosAbuse Of Process: Appointment Of Imo Chief Judge Illegal — NJC Anambra: After Six Hours Gun Battle, Operatives Dislodge Ogbunka Terror CampSelective Empathy: National Outrage in Edo-16 Killing, Silence in Plateau-52Bandits strike again, kill two Chinese expatriates, Policeman in AbiaGrenade mistaken for scrap metal explodes, kills scavenger, injures othersPolice recover body of site Engineer, killed, buried in shallow grave by his workersTeenager Dies After “Odeshi” Ritual goes wrongPolice withdraw invitation to Sanusi over Kano sallah incidentACF to FG: Stop killings in PlateauPolice warn ‘Take It Back Movement’ to cancel April 7 protestTwo brother murdered in morning farm attack in TarabaNCoS denies illegal detention of Patience Jonathan’s ex-staffNigeria faces meningitis outbreak with 151 deaths 1,826 suspected casesTwo military officers die as troops kill Boko Haram terrorists in Borno villageNDLEA arrests grandfather, siblings for drugsBorno government detains teenager for criticizing “poor condition of public schools”Tens Of Thousands March In US Against TrumpNDLEA uncovers cocaine hidden inside suitcase wallsUS To Revoke All Visas For South Sudanese Passport Holders45 Die In Abuja, Ogun Multiple Auto CrashesCarpenter electrocuted while roofing building in AnambraS’African agencies slam judge for acquitting Nigerian pastor of rapeNYSC: Education minister advocates extending national service to two yearsReject $1.08bn World Bank loan, probe missing N233bn in NBET, other funds, SERAP tells TinubuNigeria imports N11.8bn apples — ReportDAILIES TOP STORIES: Governors Await Federal Govt’s Blueprint On State Police Take-offNo! Photo of burnt Plateau yam market attributed to bandits’ attack recently, was a fire incident in 2021IG invites Emir Sanusi over violent Kano Sallah incidentEx-Nigerian First Lady’s Aides Continue to Languish In Prison Over Alleged Jewelry TheftNigeria’s debt soars to N144.67tn in 2024Police disown, arrest man threatening reprisal over Edo killingsDAILIES TOP STORIES: Labour Party dispute deepens as Supreme Court sacks Abure as National ChairmanGunmen Kidnap Female Ebonyi Government Official
Fri. Apr 11th, 2025 6:35:52 AM

Senate Approves Buhari’s N2.3trn Foreign Loan Request

The Senate has approved the Federal Government’s request for a $6.1 billion (N2.343 trillion) loan request.

The Senate gave the approval on Wednesday after it considered a report from its Committee on Local and Foreign Debt which it earlier directed to work on the loan request.

Presenting the report on the floor during plenary, the Chairman of the committee, Senator Clifford Ordia said the request is not new as it was approved in the borrowing plan when the National Assembly passed the 2021 budget noting that it would be used to fund the budget deficit.

President Muhammadu Buhari had earlier in May asked the National Assembly to approve the loan request, saying it would be raised from multilateral and bilateral tenders as well as the international capital market.

More to follow…

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