The China Development Bank (CDB) has approved a €245 million ($254.76 million) loan to support the construction of Nigeria’s Kano-Kaduna railway project. In a statement published...
Consumer credit declined by 17.6% to N3.5 trillion in October 2024 from N4.25 trillion recorded in September, according to the Central Bank of Nigeria (CBN) latest...
Nigeria’s debt profile continues its upward trajectory with total debt stock rising to N134.30 trillion by the end of the first half of 2024, according to...
In collaboration with all state governments, the federal government has unveiled plans to support micro, small, and medium enterprises (MSMEs) across Nigeria by providing loans totaling...
Nigeria’s public debt stock which includes external and domestic debt rose to N134.30 trillion ($91.35 billion) in Q2 2024 from N121.67 trillion ($91.46 billion) in Q1...
Former Vice President Atiku Abubakar has lambasted the National Assembly for approving the request by President Bola Tinubu to borrow N1.7 trillion. He lamented that Nigeria...
The Senate has granted approval to the N1.77 trillion ($2.2 billion) loan request of President Bola Tinubu. This was done after a voice vote in favour...
