Tag: Borrowing

What is the full cost of the loans? Oyedele highlights a proposed $5 billion World Bank component at an average interest rate of about 2.1 per cent.

The Lagos-Calabar Coastal Highway is expected to cut logistics costs along its corridor by 15 to 20 per cent. It could add up to two per cent to Nigeria’s GDP ...

Likewise, Naira GDP has expanded from about ₦314 trillion in 2024 to around ₦530 trillion, a 69% increase reflecting both higher economic activity and price changes.

Peter Obi   The 2027 Presidential Candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has uncovered stark impropriety in Bola Tinubu’s three-year reign and asks for an explanation. Obi, ...

  US Dollar Peter Obi, a leading presidential candidate and former Governor of Anambra State, has expressed strong criticism of President Bola Ahmed Tinubu for his borrowing practices, which he ...

  Debt . The Presidential Candidate of the Labour Party in the 2023 general election, Peter Obi, has, again, cried out at the reckless borrowing by the current Bola Tinubu ...

Sheriff Oborevwori Delta State Government has reiterated that it had not engaged in any borrowing since Governor Sheriff Oborevwori took over governance in the state on May 29, 2023. The ...

  Tinubu and Atiku The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning. This ...

President Bola Tinubu Ahead of the 2024 Budget presentation of the joint session of the National Assembly, President Bola Tinubu has written the House of Representatives seeking approval to borrow ...

  Tinubu with members of the tax committee     President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing ...