By ROSAMARY GLORIOUS ARIOLE Nigeria’s Expanding Debt Profile and the Search for Measurable Outcomes BEHOLD the growing list of loans accumulated under the current administration. The numbers are large. The projects are numerous. The justifications are often expressed in technical language. And for many Nigerians, the question remains remarkably simple: what exactly are these loans funding, […]
A Fresh Borrowing Plan Under Scrutiny NIGERIA’S plan to secure a new $1.25 billion loan from the World Bank has triggered renewed debate among economists, policymakers, and opposition figures over the country’s rising debt burden and the direction of ongoing economic reforms. The proposed facility, titled Nigeria Actions for Investment and Jobs Acceleration, is scheduled […]
Debt Stock Rises Amid Expanding Financing Needs NIGERIA’S external debt has climbed to $51.9 billion in Q4 2025, reflecting the country’s continued dependence on borrowing to finance infrastructure projects and bridge fiscal gaps, according to data from the Debt Management Office (DMO). The figure represents an increase of about $3.4 billion (7%) within a quarter, […]