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Tag: nigeria debt

July 27, 2026July 27, 2026News

FG Allocates Nearly ₦1tn to SUVs, Empowerment Projects as Borrowing Rises. 

he Federal Government has allocated nearly ₦1 trillion to SUVs and empowerment projects in the 2026 budget, raising questions about spending priorities as Nigeria’s borrowing continues to rise.

July 6, 2026July 6, 2026Business

Nigeria’s borrowing debate is back in the spotlight as Tinubu’s government secures $11.4 billion in World Bank loan approvals in just three years.

President Bola Tinubu’s administration has secured $11.40 billion in World Bank loan approvals within about three years, placing it close to the […]

June 29, 2026June 29, 2026Business

Debt Relief or Debt Trap? Nigeria Moves Ahead With $5bn UAE Loan

Nigeria has moved ahead with a $5bn UAE financing facility despite IMF concerns over transparency, collateral risks and the country’s long-term debt exposure.

June 5, 2026June 5, 2026Business, News

Nigeria’s Federal Government Debt Repayments Exceed Budget by N1.9 Trillion in 2025

Federal Government spent N1.90 trillion more than it had budgeted on debt-related payments in the first nine months of 2025, according to […]

January 16, 2019May 29, 2022LATEST MAGAZINE, News around Africa, Profiles

Nigeria’s rising debt signals danger for its economy – NECA

The Director-General of Nigeria Employers’ Consultative Association (NECA) Mr. Timothy Olawale, has said that the country’s mounting debt burden is worrisome and […]

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Magazine

  • Nigeria's Ride Hailing Business Uber Left Behind - issue 150 Nigeria's Ride Hailing Business Uber Left Behind - issue 150
  • What it takes to Build a Nigerian Car | issue 149 What it takes to Build a Nigerian Car | issue 149 ₦3,637.94 Original price was: ₦3,637.94.₦0.00Current price is: ₦0.00.
  • Three entrepreneurs building businesses around these missing links | issue 148 Three entrepreneurs building businesses around these missing links | issue 148 ₦3,637.94 Original price was: ₦3,637.94.₦0.00Current price is: ₦0.00.
  • Kola Aina’s $84 Million Playbook | issue 147 Kola Aina’s $84 Million Playbook | issue 147 ₦3,637.94 Original price was: ₦3,637.94.₦0.00Current price is: ₦0.00.
  • Mo Abudu started over at 40 | issue 146 Mo Abudu started over at 40 | issue 146 ₦3,637.94 Original price was: ₦3,637.94.₦0.00Current price is: ₦0.00.
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