Debt Servicing: Nigeria Spends Over 50% of Revenue on Debt Nigeria’s rising debt remained a concern as more experts warn Africa’s largest economy of the danger...
Banking Sector: Non-Performing Loans Drop Slightly to N1.67tn in Q1 2019 Non-performing loans in the Nigerian banking sector dropped slightly to N1.676 trillion in the first...
FG Set to Issue N15bn Green Bond The Federal Government is set to issue a Green Bond worth N15bn to finance some projects in renewable energy,...
Domestic Debt: Cost of Servicing Debt Jumps to 23.65% in 2018 The Central Bank of Nigeria (CBN) has said the cost of servicing domestic debt rose...
MTN Signs N200bn Loan Facility with Banks Nigeria’s newly listed telecommunication giant, MTN Nigeria, has signed N200 billion medium-term loan facility with seven Nigerian banks, Mr....
FG: Accumulated Debt Used to Reflate Economy The Minister of Finance, Mrs. Zainab Ahmed, has explained that the increasing debt accumulated by the federal government is...
Infrastructure: Avoid Domestic Borrowing, ex-DMO Boss Tells Govt In contrast to external borrowing, domestic borrowing in Nigeria will not be appropriate at this stage for infrastructure...
Creative Industry to Access up to N500m Loans –CBN The Central Bank of Nigeria in collaboration with the Bankers’ Committee as part of efforts to boost...
Nigeria’s Rising Debt Servicing Cost Unsettles Investors –Report The cost of servicing government debt in Nigeria is dampening foreign investors’ appetite to inject capital into the...
National Debt Still Within Sustainable Limit – FG Despite calls for moderation on borrowing, the Minister of Finance Mrs Zainab Ahmed has said the nation’s debt...