FG Increases 2026 Borrowing Plan to N29.20 Trillion as Fiscal Deficit Widens
The Federal Government has raised its projected borrowing requirement for 2026 to N29.20 trillion, reflecting a significant expansion in the ...
Tag: loan
CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services
The Central Bank of Nigeria (CBN) has imposed strict restrictions on banking services for “chronic defaulters” and large-ticket obligors with ...
FG Targets N800 Billion in February Bond Auction, Doubling Last Year’s Offer Amid High Borrowing Costs
Nigeria's Debt Management Office (DMO) has scheduled a Federal Government bond auction for February 23, 2026, aiming to raise N800 ...
Nigeria’s N20.12 Trillion 2026 Deficit Risks Crowding Out Private Sector Credit – Analysts Warn
Nigeria’s planned N20.12 trillion budget deficit for 2026 could severely limit credit availability for the private sector, as the Federal ...
Commercial and Merchant Banks’ Loans Fall to N52.66 Trillion in June 2025, Lowest in 14 Months
Loans extended by Nigeria’s commercial and merchant banks dropped to N52.656 trillion in June 2025, the lowest level recorded in ...
Nigeria’s 7 Most Downloaded Loan Apps as of May 2025
Loan apps continue to reshape Nigeria’s access to quick credit, offering financial lifelines to millions of users across the country. ...
Nigeria Receives $751.88 Million from World Bank to Support Economic Reforms
In a significant move to bolster Nigeria's economic stability and growth, the World Bank has disbursed $751.88 million to the ...
Private Sector Concerned Over New 26.25% Interest Rate Amid Loan Repayment Worries
Economists and members of the Organised Private Sector (OPS) have raised alarms over the Central Bank of Nigeria's (CBN) latest ...
FG Plans $750m World Bank Loan, Considers Telecom Tax Revival
In a bid to secure a new $750 million loan from the World Bank, the Federal Government of Nigeria is ...
Nigeria Anticipates $2.25 Billion World Bank Loan Approval in June
Nigeria is on track to secure a $2.25 billion loan from the World Bank, with final approval expected in June ...
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World Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
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Poverty Rate Climbs to 63% in 2025 Despite Sharp Drop in Inflation – World Bank
FG Takes Governors to Supreme Court Over Local Government Allocations
