OMMP Stage 1 secures $200m New Development Bank loan
The New Development Bank (NDB) and National Treasury have signed a $200-million loan agreement to support Stage 1 of the Olifants Management Model Programme (OMMP), National Treasu...
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The New Development Bank (NDB) and National Treasury have signed a $200-million loan agreement to support Stage 1 of the Olifants Management Model Programme (OMMP), National Treasu...
The development comes amid concerns over Nigeria’s rising public debt. The country’s total public debt stood at N166.79 trillion as of June 30, 2026, up from N159.35 trillion as of...
Nigerian businessman and social media personality Blord has claimed that a bank offered him a ₦12 billion loan after he initially requested ₦5 billion to expand the importation...
Rs57.1b TADRA project recommended; total foreign loans for tax system reach $4.9b
Adani Group is planning to raise $2.5 billion from global lenders to refinance debt linked to its acquisition of Ambuja Cements and ACC. The proposed fundraising could become India...
The loan would contribute to SoftBank’s recent debt financing related to its investment in OpenAI, including a potential $20 billion bond sale, amid rising credit risks in the AI s...
Tinubu Government has sought $1.5bn World Bank loans as Public Debt hit record N166.79tn. NewsOnline Nigeria reports that the Federal Government has opened discussions with the W...
Bloomberg: Sources: a group of 10 banks is giving a $22B loan to Blackstone and Alphabet's cloud venture Crux AI, which aims to provide compute for AI labs, to buy TPUs — A group...
SoftBank is seeking a further $10bn loan to fund its OpenAI stake, Bloomberg reported on Friday. It closed a loan of exactly that size, secured against the same asset, 22 days earl...
The presidential candidate of the African Democratic Congress, ADC and former Vice President, Atiku Abubakar, has raised the alarm over the announced rerouting of the Lagos–Calabar...
ByteDance signed a $29.6 billion loan involving 28 banks as the TikTok developer increases spending on AI chips and data centers.
Treasury’s Public Debt Management Director General, Raphael Owino, confirmed the talks, saying the loan is expected before the end of the 2026/27 financial year.
Key Points Space Exploration Technologies(NASDAQ: SPCX) raised $86 billion with its IPO. It then tapped the debt market for another $25 billion. Now, it's looking to get another $4...
Finlands Ministry for Foreign Affairs will grant a EUR 50 million development policy loan to the International Development Association (IDA) of the World Bank Group for Ukraine, sa...
Austal has secured $245 million in debt financing from the National Reconstruction Fund Corporation (NRFC) to develop the infrastructure required...
The deal underlines a theme running through bond markets this week: AI is now a major source of corporate debt supply. Goldman Sachs cited AI-related corporate issuance as one of t...
By AAP Australia will lend hundreds of millions of dollars to the nation’s largest shipbuilder for a massive new manufacturing warehouse. Austal will receive $245 million to constr...
Tesla has secured $30 billion in fresh credit lines from Citibank and Wells Fargo in an effort to scale its biggest current projects. Tesla agreed to a $20 billion three-year delay...
The Department of Transportation plans to loan up to $2.52 billion for Alabama’s Mobile River Bridge and Bayway Project to transform the Interstate 10 freight corridor.
Deji Elumoye in Abuja President Bola Tinubu yesterday welcomed World Bank Group’s proposed plan to mobilise about $5.79 billion in private financing for Nigeria. He has also taken...
حکومت کا پنشن اصلاحات کیلیے مزید 50 کروڑ ڈالر قرض لینے کا پلان ہے، اس حوالے سے وزارت خزانہ کے ذرائع کے مطابق ایشیاتی ترقیاتی بینک سے...
ENMG Analysis The U.S. Department of Energy’s Office of Energy Dominance Financing announced a conditional loan commitment of up toRead more at Energy Network Media Group
Tesla opened $30 billion in lines of credit according to a regulatory filing today. The loans come as company profits have dropped in recent years, and as Tesla guides for more spe...
Tech companies and AI model developers are investing and borrowing hundreds of billions of dollars to build and lease giant data centers full of chips to power AI systems
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