Nigeria has projected a debt service bill of ₦15.9 trillion for 2026 in its newly approved medium-term fiscal framework, despite the nation’s rising debt burden. The...
The Presidency has defended its borrowing framework as a strategic necessity for national development following President Bola Tinubu’s recent request to the National Assembly for approval...
Nigeria’s fiscal state has reached alarming levels as a recent report by BudgIT, a public accountability firm, reveals that the Federal Government (FG) spent more than...
Commercial and merchant banks across the country have adjusted their lending rates in response to the Central Bank of Nigeria’s (CBN) recent decision to raise the...
Bilateral borrowing of Nigerian States climbed by 64.26% in just six months amid the decline in the Nigeran naira value. This surge, totaling a significant $462.81...
A total of 577 bids worth N724.9 billion were received for the N360 billion amount offered, with the total amount allotted being N771.56 billion.
FG Borrows N2.36 Trillion from Capital Market in 2020 Mr. Oscar Onyema, the Chief Executive Officer, Nigerian Stock Exchange, said the Federal Government borrowed N2.36 trillion...
El-Rufai Advice the Government to Focus on More Tax Collections, Not More Borrowings At the 22nd Annual Tax Conference of Chartered Institute of Nigeria held on...
Nigeria’s Business Outlook Drops in October as Businesses Expect Borrowing, Inflation Rate to Surge Businesses surveyed by the Central Bank of Nigeria in the month of...