FG’s Domestic Borrowing Hits N24.7trn as Businesses Face Rising Credit Pressure

Nigeria’s federal government has sharply increased its reliance on the domestic debt market, with borrowing from local investors reaching N24.7 trillion between January and August 2026, a 90.5 per cent increase compared with the N12.98 trillion recorded during the same period in 2025. The scale of the increase is raising fresh concerns about the availability […]