Arise News anchor, Reuben Abati, has raised alarm over Nigeria’s rising debt profile under President Bola Tinubu’s administration. Speaking on […]
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Tinubu Seeks Senate Approval For $20.5bn, €1.045bn Foreign Loans
President Bola Tinubu has asked the National Assembly to approve a supplementary external borrowing plan for 2026–2027, seeking $20.52 billion […]
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Nigeria’s Syndicated Loans Jump 21-fold To $2.86 Billion
Nigeria’s outstanding syndicated loans rose by $2.73bn in one year, increasing more than 21-fold as the Federal Government expanded its […]
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FG’s Borrowing Jumps 75.6%; What It Means For Naira And Interest Rates
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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