Gov. Amaechi’s N120bn loan approved

24 February 2013, 10:33 -

Port Harcourt – The Rivers House of Assembly on Friday granted Gov. Chibuike Amaechi approval to borrow N120 billion loan from three banks.

The Speaker of the Assembly, Mr Otelemaba Amachree, informed the house of the request through a letter from the governor and urged members to consider the matter.

When the speaker put…

FG secures $1.1bn loan from China

By EMMA UJAH, ABUJA BUREAU CHIEF & MICHAEL EBOH

The Federal Government has secured a loan facility totaling $ 1.1 billion from the Chinese Export-Import, EXIM, Bank with which to complete the Abuja Light Rail project and build four new airports’…

Official: Bordeaux’s Modeste joins Bastia on loan

Bastia have announced that they have completed the signing of Bordeaux striker Anthony Modeste on a season-long loan.

The 24-year-old is on the move once more, having spent the past six months with freshly-relegated Premier League side Blackburn Rovers, where he failed to score in nine appearances.

Modeste joins Bastia on the same day as former Juventus goalkeeper Landry Bonnefoi, who has penned a one-year deal…

Udinese allow Candreva to remain at Lazio on loan

Udinese have announced the extension of midfielder Antonio Candreva‘s loan stay at Lazio.

The Italy international spent the second half of last season with the Biancocelesti, who have now persuaded the Zebrette to allow the 25-year-old to remain at the Stadio Olimpico for the duration of the 2012-13 Serie A campaign.

“It’s a great feeling,” Candreva told the capital club’s…

Liverpool striker Carroll wanted on loan by West Ham – report

Newly-promoted West Ham are plotting a move to bring Liverpool striker Andy Carrollto Upton Park on a season-long loan, according to various sources.

The 23-year-old has struggled to make a telling impact since his €44 million (£35m) switch from Newcastle United in January 2011 and new boss Brendan Rodgers is reportedly prepared to sanction a temporary switch as he tries to implement his passing game at…

BREAKING NEWS: Swansea City sign Villarreal midfielder Jonathan de Guzman on season-long loan deal

Swansea City have completed the signing of Villareal midfielder Jonathan de Guzman on a season-long loan deal.

The 24-year-old is Michael Laudrup’s second signing since taking over at the club following the recent arrival of Jose Manuel Flores, with the Welsh club having the option to sign him on a permanent basis.

De Guzman played under Laudrup during the duos spell at La Liga side Mallorca and the ex-Netherlands…

Koo Ja-Cheol: Augsburg loan provided a ‘stepping stone’

South Korea international Koo Ja-Cheol says his loan stint at Augsburg has been a huge boost for his career but remains uncertain on his future despite the Bundesliga club wanting to sign him permanently.

The 23-year-old attacking midfielder enjoyed a stellar second half of the season with Augsburg after joining the Bavarian outfit on loan from Wolfsburg.

Koo had…

Courtois: Atletico Madrid loan extension almost certain

Thibaut Courtois – َAtletico Madrid

Thibaut Courtois has revealed that he is confident that Chelsea will allow him to stay on loan at Atletico Madrid a second season.The Belgian goalkeeper signed for Chelsea last summer but was immediately sent out on loan…

Lagos State Government Disburses 10 Million Naira Car Loan To Teachers

As part of measures to improve teachers’ welfare in Lagos State, the state government has released 10 million to Teachers’ Establishments and Pensions, TEPO, for teachers’ car refurbishment loan in all the six education districts in the state. Permanent Secretary of TEPO, Mrs. Mojirola Bola-Sadipe, who disclosed this, said the gesture would go a long way in boosting the morale of teachers, which in…

Official: Korean club Ulsan Hyundai announce loan deal for Mallorca’s Akihiro Ienaga

Japan international Akihiro Ienaga has left Spanish La Liga club Mallorca to join K-League outfit Ulsan Hyundai on loan.

The 25-year-old Japanese midfielder, who joined Mallorca in December 2010 on a five-year deal, had struggled for opportunities with the Islander club this term.

As a result, Mallorca have loaned him to Ulsan, who finished the 2011 season as K-League runners-up.

Former Gamba…