Tag: Nigeria debt profile

Nigeria set for fresh $500m World Bank loan to boost agriculture, jobs in March

Business Damilola Bayonle -
World Bank loan to Nigeria: $500m boost for agriculture, value chains, jobs Nigeria is poised to secure a fresh $500m...

FG exceeds 2025 borrowing target by 55.6% — Experts warn of mounting fiscal risks

Business Damilola Bayonle -
Nigeria’s Federal Government has exceeded its 2025 borrowing target by 55.6 percent, raising deep concerns among economists and financial...

N341tn oil reserves lie undeveloped in Nigeria

Business Damilola Bayonle -
Nigeria is sitting on crude oil reserves valued at a staggering N341 trillion, locked away in undeveloped fields across...

FIRS, Customs, 3 Agencies pull N21tn in H1

Business Damilola Bayonle -
The Federal Government of Nigeria recorded a remarkable revenue inflow of about N21.22 trillion from five key revenue-generating agencies...

Nigeria Awaits World Bank’s Verdict on $632m loan Request Today

Damilola Bayonle -
The World Bank is poised to approve a $632 million loan request for Nigeria today, March 31, 2025. This...