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...
Nigeria has been identified as the third-largest debtor to the World Bank’s International Development Association (IDA), with a total debt of $17.1 billion as of September...
President Bola Tinubu has written to the National Assembly, seeking approval of a fresh N1.767 trillion ($2.209 billion) as a new external borrowing plan in the...
Nigeria will be seeking to borrow $2.2 billion from the international debt market— including a potential Eurobond and Sukuk bond offer, with just six weeks left...
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve dam safety and enhance water resource management across...
Nigerian banks have significantly increased their support for the private sector with loans and other forms of credit to the tune of N375.78 trillion in the...