Nigeria’s external debt stock increased by 6.6 per cent in 2025, while the World Bank flagged a $5bn financing arrangement backed by $6.7bn in domestic government securities. Nigeria’s external debt…
The Finance Ministry says the 124 per cent interest-to-revenue ratio presents an incomplete picture of Nigeria’s fiscal position, while a separate $1.25bn World Bank loan will begin principal repayments in…
The Federal Government has challenged the World Bank’s 124% interest-to-revenue ratio for H1 2026, arguing that state loans and unremitted agency revenues distort the comparison. The Federal Ministry of Finance…
The $300m fund will finance mini-grids and standalone solar projects, targeting communities and businesses underserved by Nigeria’s conventional power infrastructure. The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy…
