Monday, 17th January 2022
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Chinese loans

26 Nov
On Tuesday, 17 November 2015, the Uganda government signed an agreement with Export-Import Bank of China (Exim Bank) to borrow $207 million at two per cent upon disbursement. The loan had a maturity period of 20 years including a seven-year grace period. It has now emerged that the deal signed with the Chinese lenders virtually…
24 Apr 2021
The President, Transforming Uplifting and Reforming Nigeria (TURN) Dr. Adekunle Ahmed, has urged the federal government to re-evaluate loans its takes from the Chinese
25 May 2020
A Peep into the mindset of House of Representatives’ member, Hon. Ben Rollands Igbakpa offers an insight as to why the lower legislative chamber resolved to beam it’s searchlights on the avalanche of Chinese loans to the country between 2000 to date.
3 Nov 2019
With some African countries already nursing badly burnt fingers arising from failed Chinese loans/deals, former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia wants the Federal Government to tread carefully in order not to suffer similar fate.
3 Nov 2019
The Debt Management Office (DMO) recently unveiled its record of the country’s incremental obligations, in the second quarter of 2019, which stands at about N750b, but cumulatively at N25.7t.


2 mins ago
The harmattan season which occurs between late November until February or early March is characterised by dry and dusty wind. It generally affects our skin in various ways such as dryness of the skin, chapped lips, an increase in the trigger of asthma, problems with the respiratory system among others. It is important to be…
2 mins ago
The number of Covid-19 cases in China reached its highest level since March 2020 on Monday, as Beijing races to smother outbreaks
35 mins ago
The influential son-in-law of Kazakhstan's ex-president resigned as head of the leading business lobby Monday after public anger at perceived corruption
1 hour ago
North Korea fired two suspected ballistic missiles Monday, Seoul said, its fourth weapons test this month as Pyongyang flexes its military
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Tennis world number one Novak Djokovic landed in Dubai on Monday after his sensational deportation from Australia over his coronavirus