IMF Warns Nigeria Over Rising Debt Burden
The International Monetary Fund (IMF) has declined to endorse a preference for either external or domestic borrowing for Nigeria, stressing that the country’s rising debt profile requires a stronger focus on sustainability and repayment capacity.
Speaking at a media...
Nigeria has a $14bn annual infrastructure investment gap, according to Finance Minister Wale Edun, who said the government is seeking both domestic and foreign capital to bridge the shortfall.
32 Banks Meet Recapitalisation Requirements Ahead of Deadline - CBN
The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme, ahead of the March 31, 2026...
FG Eyes $5.7bn Investment Deal with China
The Federal Government is deepening negotiations to secure up to $5.7bn in strategic investments from China across critical sectors of the economy, the Ministry of Finance said on Monday.
In a statement issued after a meeting in Abuja, the...
