The Nigerian government is pushing ahead with new borrowing plans to fund its 2024 budget deficit, even as several federal agencies report exceeding their revenue targets....
To address Nigeria’s ₦9.7 trillion budget deficit for the 2024 fiscal year, the Senate has approved President Bola Ahmed Tinubu’s request to secure a ₦1.77 trillion...
The Federal Mortgage Bank of Nigeria (FMBN) has raised its loan limit from N15 million to N50 million, aiming to address the housing challenges faced by...
The African Development Bank (AfDB) Group has approved a $500 million loan for Nigeria to support the first phase of its Economic Governance and Energy Transition...
The Nigerian government, led by President Tinubu, has successfully secured a significant financial boost from the World Bank in the form of a $2.25 billion loan....
The Nigerian government has stated that it is not requesting an additional $800 million loan from the World Bank to mitigate the effects of removing...
By Edozie Obasi-Eze The Debt Management Office (DMO) has revealed that the Federal Government (FG) spent N2.49tn servicing debts between January and September, 2021. A...
