Home Nigeria Debt

Nigeria Debt

6 Articles
Tinubu, Atiku and Obi Consider Former Governors for 2027 Campaign Director General Positions
NigeriaBusinessEconomyPolitics

FG’s $21.7bn Loan Request Raises Fresh Concerns Over Nigeria’s Debt Burden

The Federal Government’s request for approximately $21.7 billion in external borrowing has renewed concerns about Nigeria’s rising public debt and the growing cost...

FG pays $22.5m in charges on controversial UAE loan
Business

FG pays $22.5m in charges on controversial UAE loan

The Federal Government paid $22.5 million in charges on its $1.5 billion Total Return Swap financing from First Abu Dhabi Bank, FAB, during...

Nigeria’s External Debt Rises by $11.4 Billion Under Tinubu
EconomyNigeria

Nigeria’s External Debt Rises by $11.4 Billion Under Tinubu

Nigeria’s external debt stock has increased by about $11.4 billion since President Bola Ahmed Tinubu assumed office, reflecting a combination of new borrowing...

FG Pays $22.5m Charges on $1.5bn UAE Financing Facility
EconomyNigeria

Nigeria’s Domestic Debt Service Falls to N2.14trn in Q2 2026

Nigeria’s domestic debt-service payments fell to N2.14 trillion in the second quarter of 2026, representing a 31.8 per cent decline from the N3.14...

Nigeria’s Eurobond Yields Rise to 8.2% as Investors Price Sovereign Risk
BusinessNigeria

Nigeria’s Eurobond Yields Rise to 8.2% as Investors Price Sovereign Risk

By Benson Daniel Nigeria’s dollar denominated Eurobonds are trading at yields of as much as 8.2 per cent, highlighting the premium investors are...

FCT Debt Surges Under Wike, Rises to Second Highest Among Nigeria’s States
BusinessInfrastructure & DevelopmentNigeria

FCT Debt Surges Under Wike, Rises to Second Highest Among Nigeria’s States

By Benson Daniel The Federal Capital Territory’s domestic debt has risen sharply under the administration of Minister of the FCT, Nyesom Wike, pushing...