Borrowing

FEC approves $2.2bn external borrowing plan

The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk…

1 month ago

IMF lowers borrowing costs by $1.2bn annually

The Executive Board of the International Monetary Fund (IMF) has approved to lower the Fund’s borrowing costs for members by…

2 months ago

Tinubu: I’ll end Nigeria’s reliance on borrowing

President Bola Tinubu has expressed his commitment to break the vicious cycle of overreliance on borrowing for public spending, and…

1 year ago

Senate to reduce level of Nigeria’s borrowing – Lawan

The President of the Senate, Ahmad Lawan, has said that the upper chamber will work with revenue generating agencies towards…

3 years ago

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