Public Debt

Nigeria has secured at least $1.25 billion in loans from the World Bank and the African Development Bank (AfDB) to...

The African Development Bank Group (AfDB) has approved a loan of $500 million to the Federal Republic of Nigeria. 

The World Bank has restructured a $350 million loan to Nigeria to ensure the completion of seven critical power plants...

The Federal Government of Nigeria hopes to get a $500 million loan from the World Bank to enhance dam safety...

The Minister of Finance, Wale Edun, has said Nigeria’s revenue to debt service ratio has declined from 97% in 2023...

The federal government has announced plans to issue $500 million in domestic foreign currency-denominated bonds in three to four weeks’...

  Debt service costs have consumed about 74% of the federal government’s retained revenue in the first quarter of 2024. 

African bondholders have, for the first time ever, come together to form a unified negotiating bloc, a decisive step towards...

The World Bank has disbursed $751.88 million to Nigeria from a recently approved $1.5 billion loan. 

The Federal Inland Revenue Service (FIRS) says tax collection in the first quarter of the year increased by 56% to...