Public Debt

The Federal Government has set aside N120 billion as the first tranche of the Presidential Metering Initiative (PMI). 

The World Bank says it has committed over $200 million towards developmental projects in Ekiti State.  

The federal government is planning to borrow an additional $2 billion in crude oil-backed loans from international creditors to boost...

Nigeria's debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration.

The World Bank may approve four loan projects totalling $2 billion for Nigeria this year. 

The Federal Government of Nigeria has formally requested the World Bank to cancel the undisbursed balance of $41.62 million from...

Debt instruments dominate capital importation into Nigeria in the first quarter of 2024, making up 94% of inflows.

Nigerian states have witnessed a significant surge in their external debt servicing obligations, marking a 123% increase in the first...

Nigeria's debt-to-GDP ratio crossed 50% for the first time ever last week after the Debt Management Office published the country's...

The Debt Management Office (DMO) of Nigeria recently announced that the nation’s total public debt increased significantly to N121.67 trillion...