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