Commercial Loans To Govt Hit N13.7trn    Commercial loans to Nigeria’s public sector rose from a moderate N4.88 trillion to N13.73 trillion in five years (from December 2016 to the end last year), raising concern about the increasing exposure of banks to the government. The leap –...

Nigeria’s Eurobonds Debt Rose By $9.37bn In Five Years       Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December 31, 2020, indicating a $9.37bn or 625 per cent increase in five years. The debt stock remained...

Commercial Banks’ Loan To FG Hits N1.8trn       The total commercial loans to the government, at all levels, rose to N1.77 trillion at the close of last year, about 18 per cent increase from the N1.5 trillion reported in December 2019. This comes as the total outstanding...