President Bola Tinubu announces the launch of Nigeria’s National Credit Guarantee Company in 2025 to expand credit access and support financial inclusion
Nigeria’s Federal Government surpasses 2024 domestic borrowing target by N4 trillion, fueling inflation and economic risks.
Bank of Industry (BOI) secures a record €2 billion syndicated loan facilitated by Africa Finance Corporation (AFC)
Nigeria’s House of Representatives is set to deliberate President Tinubu’s $2.2m loan request to fund the 2024 budget deficit
Fitch predicts non-performing loans to further rise in Nigeria, driven by incessant inflation coupled with high interest rate.
The World Bank’s latest report reveals Nigerian banks’ non-performing loans have reached 5.1%, surpassing the prudential benchmark
NELFUND disburses N10 billion and receives over 350,000 applications to provide education access across Nigeria.
President Bola Tinubu’s government has secured $6.45 billion in loans from the World Bank, as Nigeria’s debt profile continues to rise.
CBN Governor Yemi Cardoso explains the painful decision to raise Nigeria’s interest rate to 27.75%, focusing on inflation control
Federal Government has successfully paid the tuition fees of 20,000 students directly to their respective institutions through the ongoing Nigerian Education Loan Fund (NELFUND) scheme
