Nigeria Owes World Bank $8.67bn Nigeria owes World Bank a total of $8.67 billion, an investigation has shown. The International Development Association, one of the three...
FG Seeks Fresh $247.3m External Loan The Federal Government will take another fresh external loan of $247.3m for the development of infrastructure, despite the country’s rising...
AMCON: N5trn Debt Recovery, Challenge to Nigerians The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has reiterated that the...
2018: Lagos Has Highest Foreign Debt Profile, Yobe Lowest, Says NBS The National Bureau of Statistics said Nigeria’s foreign debt stood at $25.27 billion as at...
N24.39tn Debt: IMF Worries Over Nigeria’s Repayment Capacity The International Monetary Fund, on Tuesday, expressed worry over Nigeria’s ability to repay its foreign debt which had...
Nigeria’s Debt Risk Remains Moderate – AfDB The African Development Bank has said despite Nigeria’s public debt rising to $73.2 billion between 2017 and 2018, representing...
Nigeria to Borrow N1.6trn in 2019 The Federal Government plans to borrow about N1.6 trillion in 2019, Ms Patience Oniha, the Director-General, Debt Management Office said...
NIRSAL MFB ‘ll Provide Loans to MSMEs at 5% –Emefiele The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, on Wednesday said that the newly-established NIRSAL...
CBN Plans to Raise N1tn from Debt Market in Q2 The Central Bank of Nigeria plans to borrow N1.006 trillion from the debt market in the...
Banks: Non-performing Loans Drop to N1.79tn The Central Bank of Nigeria on Wednesday revealed that the total non-performing loans of Nigerian banks declined to N1.79 trillion...