Page 26 - Foreign Debts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Senate on Wednesday approved a loan request of $6.1 billion by President Muhammadu Buhari. The $6.1 billion which is about N2.343trillion was approved following the consideration of the report of the Senate Committee on Local and Foreign Debts at plenary. Chairman of the committee, Senator Clifford Ordia, presented the report. President Buhari had in May, asked the National Assembly to consider and approve the loan. The loan, he said, will be raised from multilateral and bilateral lenders as well as the international capital market. He also disclosed that the National Assembly already app...

Daily Post Nigeria Published Good morning! Here is today’s summary from Nigerian Newspapers: 1. A Federal High Court in Abuja, yesterday, cleared former Finance Minister, Mrs. Kemi Adeosun, of the controversy over her participation in the National Youths Service Corps (NYSC) scheme. In a ruling on Wednesday, Justice Taiwo Taiwo, held that Adeosun was not qualified to have participated in the scheme when she graduated at 22 years, because she was then a British citizen. 2. The Chief of Army Staff, Lieutenant General Farouk Yahaya, on Wednesday, said his men have sent many bandits to God to a...

By Deji Elumoye and Udora Orizu A member of the National Assembly, Senator Clifford Ordia, was last Monday reportedly attacked twice by suspected bandits on Okenne-Lokoja and Lokoja-Abaji roads. Narrating his ordeal to journalists in Abuja yesterday, Ordia, who represents Edo Central, and the chairman of the Senate Committee on Local and Foreign Debts, said the suspected bandits opened fire on his convoy, when he was returning to Abuja from his hometown in Edo State. He narrated that during the exchange of fire between the criminals and security officials attached to him, three policemen sust...

How Unknown Gunmen Killed Kogi Commissioner   Unknown gunmen have killed the Pension Board Commissioner in Kogi State, police authorities confirmed on Sunday. It was gathered that the commissioner, Honourable Adebayo Solomon was killed on Saturday, while the Chairman of Yagba East Local Government, Pius Kolawole and some others were kidnapped. The slain commissioner was said to be travelling from Ilorin to Kabba when his vehicle was said to have been shot at Eruku village a few kilometres to Egbe the border ...

Former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika has said that the decision to sack reinstated Managing Director of the bank, Adesola Adeduntan, was done in the best interest of the institution. Awosika in a statement released via her Instagram account, said the decision to end the tenure of Adeduntan as the bank’s Managing Director was taken in the bank’s best interests. “In October 2010, I was appointed to join the board of First Bank of Nigeria and appointed the board of its startup FBN Life Insurance Limited a few months later. “Together with the rest of our team...