The Federal Government will yet again borrow another $1.5 billion and €995 million external loans following the Senate approval on Tuesday. Senator Clifford Ordia, the Chairman...
World Bank Approves $1.5 Billion New Facility for Nigeria The World Bank has approved a $1.5 billion loan request submitted by the Federal Government of Nigeria...
The Finance Minister, Budget and National Planning, Mrs. Zainab Ahmed, on Friday said the Federal Government has met all the conditions for a fresh loan of...
Buhari Plans to Borrow An Additional Loan of US$1.2 Billion from Brazil President Muhammadu Buhari is in talks with Brazil to borrow another $1.2 billion loan...
Nigeria Plans to Borrow N6.17 Trillion in 2021 – Minister of Finance The Federal Government will borrow a total sum of N6.17 trillion in 2021 fiscal...
National Debt Will Rise to N38 Trillion by December 2021 The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Tuesday said the nation’s...
Amaechi Says China is Becoming a Bit Apprehensive About Giving Money to Nigeria The Minister of Transportation, Chibuike Amaechi, on Tuesday said he specifically urged the...
Nigeria’s Debt Rises to N27.4 Trillion Says DMO The Debt Management Office on Wednesday said the nation’s total public debt rose to N27.4 trillion as of...
Debt Servicing: State Governors Spent N3.6bn in January State Governors spent a combined N3.6 billion servicing external debts in the month of January. This amount represents...
FG Borrowing Recklessly for Consumption -Peter Obi Peter Obi, former governor and PDP’s 2019 Vice Presidential candidate, on Thursday said the Nigerian nation is borrowing recklessly...