NewsBreakNigeria
USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900
USD/NGN 1,321.98GBP/NGN 1,787.13USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trn

The federal government increased its borrowing from domestic investors by 90.5 per cent, year-on-year (YoY), to N24.7 trillion in the eight months to August 2026, against N12.98 trillion in the corresponding period of…

Aggregated · originally by Vanguard
7 Sept 2026, 03:00 WAT · 3 min read
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Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trn

The federal government increased its borrowing from domestic investors by 90.5 per cent, year-on-year (YoY), to N24.7 trillion in the eight months to August 2026, against N12.98 trillion in the corresponding period of…