The Federal Government plans to reduce its reliance on borrowing by attracting more domestic and foreign private investment to finance infrastructure development and support economic growth....
Bank credit to Nigeria’s manufacturing sector declined by N1.90 trillion to N5.19 trillion in June 2026, representing a 26.8% contraction from N7.09 trillion a year earlier....
Nigeria’s Federal Government spent N7.7 trillion on debt interest payments in the first six months of 2026, nearly 11 times the N700 billion recorded as capital...
Nigeria’s broader fiscal exposure has climbed to approximately N174.6 trillion after the Debt Management Office (DMO) disclosed N7.8 trillion in contingent liabilities alongside a N166.8 trillion...
A major debt recovery dispute between United Bank for Africa Plc (UBA) and Western Metal Products Company Limited (WEMPCO) has escalated with nine individuals linked to...
Nigeria is exploring a $5 billion structured financing arrangement as it seeks to reduce borrowing costs and diversify funding sources amid tightening global financial conditions. The...
The Federal Government has intensified high-level discussions with a major Chinese conglomerate as part of efforts to attract up to $5.7 billion in long-term capital into...
