Nigeria’s broader fiscal exposure has climbed to approximately N174.6 trillion after the Debt Management Office (DMO) disclosed N7.8 trillion in contingent liabilities alongside a N166.8 trillion...
Nigeria spent $954.1 million servicing its external debt in the first quarter of 2026, down by about 31 percent from $1.39 billion paid during the same...
Nigeria has obtained $1.25 billion in financing from the World Bank to support a broad package of economic reforms aimed at strengthening private sector investment, expanding...
Nigeria’s external debt stock is projected to rise significantly over the next two years as the country continues to rely on foreign borrowing to support fiscal...
The Federal Government is intensifying discussions with the World Bank over a proposed $1.25 billion financing package expected to support economic reforms, expand investment opportunities and...
Nigeria’s rising debt obligations are expected to place significant pressure on the Federal Government’s 2026 fiscal plan as a substantial portion of projected expenditure will be...
Nigeria spent more on debt servicing than it generated in revenue in the first quarter (Q1) of 2025, highlighting the growing fiscal pressure facing Africa’s largest...
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 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...