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Nigeria debt

Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...

Atiku, economists slam Tinubu’s $516m highway loan request

Atiku Abubakar and economists have pushed back on President Tinubu's $516 million loan request to build sections of the Sokoto-Badagry Super Highway, citing debt concerns.

Nigeria’s public debt rises 10 percent to N159trn

Nigeria's total public debt rose 10 percent year-on-year to N159.27 trillion at the end of the fourth quarter of 2025, up from N144.67 trillion in the same period of 2024, the Debt Management Office reported.

FG domestic borrowing hits N8.1tn in Q1 2026

FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.

FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.

Latest articles

Elumelu’s Transcorp pays N20.3bn dividend on profit jump

Tony Elumelu's Transcorp Group declared an N20.3 billion dividend after a 44 percent jump in 2025 profit after tax to N135.9 billion.

Tinubu Heads to Africa-France Summit as Leaders Push Digital Innovation and Green Growth Agenda

KEY POINTS President Tinubu arrived in Nairobi to attend the Africa-France Summit hosted by...

Adeleke Dethrones Osun Monarch Jailed in US Over COVID-19 Fraud

KEY POINTS Governor Ademola Adeleke has removed the Apetu of Ipetumodu after his conviction...

Tinubu Appoints Fadewa as Homeland Security Adviser

KEY POINTS President Tinubu has appointed retired Major General Adeyinka Fadewa as Special Adviser...