Nigeria spent $1.8 billion on external debt servicing in the fourth quarter of 2024, according to the latest data from the Debt Management Office (DMO). The...
The World Bank has approved a $1.08 billion financing package for Nigeria to improve basic education, fight malnutrition, and strengthen community resilience programs. The funds are...
The World Bank has approved $632 million in new loans for Nigeria to support education and nutrition initiatives, bringing total disbursements to the country under the...
Stanbic IBTC Bank has announced an ambitious target to disburse N100 billion in auto loans by the end of 2025 to strengthen its partnership with Autochek,...
The Central Bank of Nigeria (CBN) has directed all Nigerian banks to reduce their insider loans within the next six months as part of measures to enhance...
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...
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...
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...
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...