By Casey Harper (The Center Square) House Republicans voted 218-203 Wednesday to overturn President Joe Biden’s student loan forgiveness even as the U.S. The Supreme Court considers the legality of the measure. Rep. Bob Good, R-Va., led the effort to overturn Biden’s loan cancelation via the Congressional Review Act, a …
Read More »Suspend $800m loan to FG – SERAP tells World Bank
The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President, Mr David Malpass, to suspend any disbursement of $800m loan to the Federal Government of Nigeria and ask the incoming administration to provide satisfactory explanations before the loan should be disbursed. The Federal Government headed by …
Read More »Martin Lewis: ‘We must stop calling it a student loan – this is a graduate tax’
The consumer finance champion Martin Lewis has highlighted the impact of the new arrangements for student loans, saying some school-leavers may no longer consider a degree is worth the cost. “There is a fundamental misunderstanding about how student loans work, because they are demonised as debt, but under this plan …
Read More »I find it funny and wicked that you are asking me to refund a loan of N50, 000 – Lady tells her benefactor
A Nigerian lady, Busayo, has shared the ‘shocking’ text message she received from a lady who she loaned N50,000 recently. In a tweet shared on her handle, Busayo stated that she lent her friend the money recently and that the time for a repayment was long overdue. She …
Read More »33 year old woman arrested for allegedly selling off her baby for N600k so as to settle bank loan
A 33-year-old woman, Olaide Adekunle, has been arrested by men of the Ogun State police command for allegedly selling off her 18-month-old baby to a yet-to-be-identified buyer at the rate of N600,000. The suspect was arrested following a complain lodged at Sango divisional headquarters by the woman’s husband, Nureni …
Read More »APC cautions against granting Ortom’s ₦Ibn loan request days to election
The All Progressives Congress (APC) has cautioned commercial banks against granting loan request by Gov. Samuel Ortom of Benue, whose tenure will end on May 29. The Director of Communications, Alia/Ode Campaign Organisation, Mr Tersoo Kula, said this in a statement on Saturday in Makurdi.
Read More »Woman commits suicide by setting herself ablaze over inability to repay N70,000 loan (video)
A middle-aged woman, known as Mama Dada, committed suicide in Ogun State by setting herself over her inability to offset a loan of N70,000 she took from a microfinance bank, LAPO. It was gathered that the woman set herself ablaze in her rented apartment located at the Oke-Keesi, Itoko …
Read More »I took a loan to bring him and his mother to London – Ghanaian woman narrates how her husband dumped her for another lady after she funded his trip to the UK
A London-based Ghanaian woman, identified as Nana Yaa Nyarko, has shared details of how her husband and mother-in-law allegedly betrayed her after she sponsored his relocation to the UK. Nyarko, who juggles three jobs in the UK, narrated her ordeal in an interview with Ghanaian actress, Emelia Brobbey on …
Read More »Super Eagles striker, Terem Moffi joins Nice on loan from Lorient, gets No.9 jersey
French club, Nice have signed Super Eagles striker Terem Moffi on loan from Lorient , beating West Ham and Bournemouth to the deal. West Ham held talks with Lorient over a 25m deal, while Bournemouth also made move, but neither club could conclude on a deal. The 23-year-old has …
Read More »Tottenham sign Pedro Porro on loan from Sporting, with obligation to buy
Tottenham Hotspur have signed Pedro Porro from Sporting on loan with an obligation to buy, despite a slight hitch in getting him. It seemed at one point like Tottenham had missed the chance to bring Porro to north London, with the deal looking too difficult to complete. With the likes …
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