Fresh data from the Central Bank of Nigeria (CBN) released this week shows something striking. Credit to the Federal Government […]
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‘They Are Stealing Borrowed Funds To Sponsor T£rr0rism’ – Nigerians Storm UAE Bank Social Media Pages, Urge Them Not To Approve Fresh $5bn Loan
Many Nigerians have taken to the social media pages of the First Abu Dhabi Bank (FAB) of the United Arab […]
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Tinubu Has Borrowed More In Three Years Than Buhari Did In Eight Years — Peter Obi
Presidential candidate of the Nigeria Democratic Party (NDC), Peter Obi, has criticised the borrowing profile of President Bola Ahmed Tinubu’s […]
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We Can Take More Loans, Nigeria Not Borrowing Like Egypt, South Africa, Others – Presidency
The Presidency, on Tuesday, defended Nigeria’s borrowing profile, insisting that the country has not accumulated debt at the level of […]
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FG Cancels $717 Million World Bank Power Loan Amid Blackouts
The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining […]
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Fresh Loans Loom As Nigeria Remains Top World Bank Borrower
Nigeria remained the third largest borrower from the World Bank’s International Development Association (IDA) in the first quarter of 2026, […]
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TRENDING VIDEO: We’ll Continue To Borrow Money; It’s Not Lepr0sy – President Tinubu
President Bola Ahmed Tinubu has defended his administration’s decision to continue seeking external loans to fund national projects, asserting that […]
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Debt Pressure Mounts As FG Borrows N8.1 Trillion In 2026 Already
At the backdrop of rising public debt pressure and concerns over the impact on the economy, the Federal Government (FG) […]
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FG Raises 2026 Borrowing Plan To N29.20 Trillion As Deficit Widens
The Federal Government has increased its planned borrowing for 2026 to N29.20 trillion following an expansion in the proposed budget […]
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FLASH: FG Exceeds 2025 Borrowing Target By 55.6%
The Federal Government (FG) has borrowed N17.36 trillion from domestic and foreign sources in the first 10 months of this […]
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