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Daily Query

The liberal, independent, newspaper devoted to fair, balanced, and progressive ideas on Nigerian, African, and global affairs.

Nigeria Secures $747 Million Loan Led by Deutsche Bank for Lagos‑Calabar Highway

Nigeria has secured a US $747 million USD syndicated loan to fund Phase 1 Section 1 (Victoria Island to Eleko Village) of the Lagos–Calabar Coastal Highway, the Ministry of Finance announced Wednesday, July 9. The facility, led by Deutsche Bank, marks the largest syndicated loan ever obtained
July 10, 2025

Canada Raises Minimum Proof‑of‑Funds to ₦17 Million for Immigrants

Canada’s Immigration, Refugees and Citizenship Canada (IRCC) has updated its Express Entry settlement fund requirements, effective July 7, 2025. A single applicant now needs to prove access to at least CAD 15,263 (approximately ₦17 million), up from CAD 14,690. For a family of two the threshold has
July 10, 2025

China Sentences Official to Death with Reprieve Over $37.8m Bribes

A Chinese court has sentenced Wang Yong, the former vice‑chairman of the Xizang (Tibet) Autonomous Region government, to death with a two‑year reprieve for accepting over RMB 271 million (approximately US $37.8 million) in bribes. The verdict also includes lifelong deprivation of political rights and the confiscation
July 10, 2025
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