FG Debt Repayments Overshoot Budget by N2trn   Federal Government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the Budget Office of the Federation showed. The 2025 third quarter Budget Implementation Report showed that...

Nigeria’s debt conversation has increasingly become dominated by fear, outrage, and alarmist reactions, especially whenever fresh borrowing requests are sent to the National Assembly.

'Nigeria Could Reject World Bank Loans Due to Delays' The Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, has warned that Nigeria may reject loan facilities from the World Bank if delays in approval and disbursement persist, saying prolonged timelines could undermine the country’s willingness to...

FG Begins Power Debt Repayment - Transcorp CEO   The President/Group Chief Executive Officer of Transnational Corporation Plc, Owen Omogiafo, has said the Federal Government has commenced repayment of longstanding debts owed to power generation companies, describing the move as the most significant progress yet in...

Tinubu Slashes Domestic Airlines' Debts by 30%   Festus Keyamo, minister of aviation and aerospace development, says President Bola Tinubu has approved a 30 percent discount on debts owed by domestic airlines to aviation agencies. This means domestic airlines will pay 30 percent less of the amount...

We Have No Intention to Borrow From IMF's $50bn Fund - FG The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund (IMF) to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that...