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 secured a $1.3 billion investment partnership with the Africa Finance Corporation (AFC) to develop a large-scale alumina refinery and strengthen Nigeria’s mineral...
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...
Foreign loan repayments by Nigeria’s 36 states increased sharply in 2025 with total deductions from Federation Accounts Allocation Committee (FAAC) inflows rising to N455.38 billion, according...
The Debt Management Office (DMO) has reiterated that government borrowing in Nigeria should strictly be channelled towards development projects and not consumption. In a statement issued...
Nigeria’s total public debt stock rose to ₦149.39 trillion as of March 31, 2025, representing a year-on-year increase of ₦27.72 trillion or 22.8 percent when compared...
The Nigerian Senate has approved President Bola Tinubu’s request for a $21 billion external loan intended to finance critical infrastructure projects and settle outstanding pension liabilities...
Nigeria spent $817.4 million (N1.26 trillion) on debt servicing between January and February 2025, according to new figures released by the Central Bank of Nigeria (CBN)....
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...
About 26 days to end of the year, the Nigerian government said it launched a dual-tranche Eurobond offering under its Global Medium Term Note Programme to...