Federal Government Domestic Borrowing Surges to N24.7 Trillion

The Nigerian federal government increased its borrowing from domestic investors by 90.5% year-on-year, reaching N24.7 trillion in the first eight months of 2026, significantly impacting businesses.

7 Sept, 01:47 — 7 Sept, 01:47

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vanguard-ngMixed3h ago

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 2025 (8M’25). The post Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trn appeared first on Vanguard News.

By olufemiajasa

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Federal Government Domestic Borrowing Surges to N24.7 Trillion

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

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