Tag: loan

President Bola Tinubu has asked the Senate to approve a supplementary external borrowing plan of $20.52 billion and €1.05 billion ...

The World Bank has attached clear conditions to a $500 million development loan for Nigeria under the Nigeria Actions for ...

OPay estimates that it accounted for 57.4 per cent of the total value of digital loans disbursed in Nigeria in ...

The administration of President Bola Tinubu has secured $11.40 billion in loan approvals from the World Bank since taking office ...

Non-performing loans (NPLs) in Nigeria’s banking industry rose to 8.03% in January 2026, marking a noticeable deterioration in asset quality ...

Nigeria’s five largest banks, collectively known as FUGAZ, faced significant asset quality challenges in 2025, setting aside a massive N2.36 ...

Nigeria’s top commercial banks achieved strong top-line growth in 2025, driven by elevated interest rates, but after-tax profits came under ...

Nigerian states and the Federal Capital Territory (FCT) significantly ramped up their foreign borrowing in 2025, with 32 states and ...

The Federal Government has raised its projected borrowing requirement for 2026 to N29.20 trillion, reflecting a significant expansion in the ...

The Central Bank of Nigeria (CBN) has imposed strict restrictions on banking services for “chronic defaulters” and large-ticket obligors with ...