Nigeria Rules Out IMF Loans Despite Rising Debt Concerns – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has firmly stated that Nigeria has no plans ...
Tag: Debt
IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.
The International Monetary Fund (IMF) has declined to recommend whether Nigeria should prioritise external or domestic borrowing, insisting instead that ...
Tinubu’s Debt Dilemma: Nigeria’s Public Debt Hits N159.28 Trillion Amid Fresh Borrowing Surge
Nigeria’s total public debt stock climbed to N159.28 trillion as of December 31, 2025, marking a significant increase driven largely ...
FG’s Domestic Debt Surges to N77.81 Trillion as Bond Issuances Drive N7.4 Trillion Increase
Nigeria's Federal Government domestic debt stock climbed sharply to N77.81 trillion as of September 30, 2025, up from N70.41 trillion ...
Debt Rises as 11 States and FCT Drive N373 Billion Increase in Nine Months
Eleven Nigerian states and the Federal Capital Territory (FCT) significantly expanded their combined domestic debt by N373.06 billion between December ...
Nigeria’s Debt Service Projected to Exceed N91 Trillion by 2028, Crowding Out Development Spending
An analysis of federal budget documents reveals that debt servicing costs under President Bola Tinubu’s administration are projected to surpass ...
Nigeria Proposes N17.89 Trillion Borrowing Plan for 2026 Amid Revenue Shortfall
The Nigerian Federal Government has outlined plans to borrow N17.89 trillion in 2026, a sharp 72% increase from the N10.42 ...
Debt Burden Crosses N152 Trillion as Domestic Borrowing Outpaces External Obligations
Nigeria’s total public debt stock breached the N152-trillion mark for the first time, reaching N152.39 trillion at the end of ...
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Thirty-one Nigerian states are saddled with a combined domestic debt of N2.57 trillion as of March 2025, with no foreign ...
Nigeria’s Debt to Surge to N183 Trillion with Tinubu’s $24.14 Billion Borrowing Plan
On May 28, 2025, President Bola Tinubu’s request to the National Assembly for approval of a $24.14 billion foreign loan ...
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