Federal Government Seeks Fresh $1.5 Billion in World Bank Financing
The Federal Government has begun talks with the World Bank for three new loans amounting to $1.5 billion, even as ...
Tag: Debt
FG Raises N728.98 Billion Bond to Clear Power Generators’ Debts
The Federal Government has raised N728.979 billion through the second issuance under its N4 trillion Power Sector Multi-Instrument Issuance Programme, ...
Tinubu Administration Secures $11.4 Billion in World Bank Loans Within Three Years
The administration of President Bola Tinubu has secured $11.40 billion in loan approvals from the World Bank since taking office ...
FG Plans Massive N5.8 Trillion Treasury Bills Issuance in Q3 2026
The Central Bank of Nigeria (CBN) has rolled out an ambitious plan to raise N5.8 trillion through Treasury Bills in ...
NDIC Disburses N37.65 Billion to Customers of Failed Banks in 2025
The Nigeria Deposit Insurance Corporation (NDIC) paid out a total of N37.65 billion to depositors of failed banks throughout 2025, ...
FG Borrowing from Banks Soars by N17.4 Trillion in One Year
The Federal Government’s borrowing from the banking sector increased dramatically by N17.39 trillion (75.6%) over the 12 months ending in ...
Nigerians Borrowed Record $3.18 Billion in Airtime Credit Last Year – Report
Mobile subscribers across Nigeria and other parts of Africa took a total of $3.18 billion worth of airtime on credit ...
FG Debt Repayments Overshoot 2025 Budget Allocation by N1.9 Trillion
The Federal Government’s debt obligations significantly exceeded its budgeted provisions in the first nine months of 2025, according to data ...
Is the World Underestimating Nigeria?
For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European ...
Nigeria in Advanced Talks with World Bank for $1.25bn Loan to Boost Investment and Jobs
The Federal Government is on the verge of securing a fresh $1.25 billion loan from the World Bank to accelerate ...
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Federal Government Seeks Fresh $1.5 Billion in World Bank Financing
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