Borrowing

Business and Economy

2025 Budget: Tinubu seeks fresh ₦1.15trillion loan amid Nigeria’s rising debt

AMID growing concern over the Nigerian government's appetite for borrowing, President Bola Tinubu has requested that the National Assembly...
Harrison EDEH -
News

FG”s claim of $20bn subsidy savings questioned amid latest N1.77trn borrowing

THE finance minister's claim of saving $20 billion from subsidy has been called to question as the federal government...
Harrison EDEH -
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Business and Economy

FG’s borrowing to fund budget threatens businesses, economists warn

ECONOMISTS have said that the Federal Government's reliance on borrowing to fund the annual budget is pushing the cost...
Harrison EDEH -
Banking and Finance

Nigeria’s debts have exceeded limit, contravened law – Adebajo

THE chief executive of CFG Advisory, Adetilewa Adebajo, says borrowings by the Debt Management Office (DMO) have exceeded the...
Theophilus ADEDOKUN -
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Featured News

Nigeria’s credit rating sinks further – Standard and Poor’s

STANDARD & Poor’s global ratings release showed that  Nigeria’s sovereign credit rating sank to ‘B-’ due to crashing international...
Paul Owolabi -
Featured News

CBN releases operational guidelines for Micro finance banks in Nigeria

THE Central Bank of Nigeria (CBN) on Thursday released guidelines for the operations of Micro Finance Banks (MFB) in...
Paul Owolabi -
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