NewsBreakNigeria
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USD/NGN 1,330.21 ▴0.2%GBP/NGN 1,758.26 ▾0.2%USD/NGN black market ₦1,375GBP/NGN black market ₦1,850EUR/NGN 1,489.68 ▾0.3%JPY/NGN 8.41 ▴0.2%CAD/NGN 933.93

Time for moratorium on borrowing

A $1.5 billion loan being contemplated by the Nigerian government is just the latest addition to the long list of the country’s borrowing spree. The government explained that the loan, to be raised from the World Bank,…

Aggregated · originally by Daily Trust
8 Oct 2026, 07:30 WAT · 3 min read
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Daily Trust

A $1.5 billion loan being contemplated by the Nigerian government is just the latest addition to the long list of the country’s borrowing spree. The government explained that the loan, to be raised from the World Bank,…