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BLUE UPDATE

FG’s Domestic Borrowing Jumps by N17.39 Trillion in One Year as Banks Increase Investment in Government Securities

Nigeria’s Federal Government borrowing surged to N40.38 trillion in May 2026, raising concerns over reduced private sector lending and economic growth.

Categories
BLUE UPDATE

Nigeria ‘s Domestic and External Debt Reportedly N121.67tr in Q1

Nigeria ‘s outer and homegrown obligation arrived at N121.67 trillion in the primary quarter (Q1 2024) of 2024 as uncovered in another report delivered by the Public Department of Measurements (NBS). In the report named “Nigerian Homegrown and Unfamiliar Obligation Q1 2024”, it was expressed that the country’s obligation rose by 24.99% from N97.34 trillion […]