The Federal Government has raised N501.02 billion from the bond market to begin settling outstanding debts owed to power generation companies (GenCos), as part of efforts...
Efforts by the Federal Government (FG) to address debts owed to electricity generation companies (GenCos) may be facing increasing challenges as the debt burden rose 62.5%...
President Bola Ahmed Tinubu has formally written to the House of Representatives seeking approval to raise $2.347 billion from the international capital market to help finance...
President Bola Tinubu has asked the House of Representatives to approve an additional $347 million external loan as part of the federal government’s 2025–2026 borrowing plan....
At least 10 Nigerian states have significantly increased their domestic debt stock by a combined ₦417.7 billion over the past year, despite enjoying higher revenue inflows...
The Federal Government has reported a revenue performance of ₦6.9 trillion in the first quarter of 2025, reflecting a 33% increase compared to the ₦5.2 trillion...
The Socio-Economic Rights and Accountability Project (SERAP) has called on the National Assembly to reject the Bola Tinubu administration’s latest request to borrow $24 billion, warning...
President Bola Ahmed Tinubu has formally requested the National Assembly’s approval for a $21.5 billion external borrowing plan covering the 2025–2026 fiscal period, along with a...
Nigeria’s total public debt climbed to N142.3 trillion as of September 30, 2024, marking a 5.97% increase (N8.02 trillion) from the N134.3 trillion recorded in June...
The naira has shown remarkable gains over the past five days, bolstered by Nigeria’s successful $2.2 billion Eurobond issuance and the introduction of the Central Bank...
