Credit extended to the Nigerian government increased by 17,390 billion nairas (11.6 billion USD) in the year ending in May 2026, according to data from the Central Bank of Nigeria (CBN), confirming the rise in banks’ exposure to sovereign debt. Total credit to the government stood at 40,380 billion nairas (26.7 billion USD) in May…...
Trending
- Mouhamad Rassoul Dieng: “Africa must turn its ambitions into financeable projects”
- Nigeria: BIDC finances three transformative projects in Taraba State for $268 million
- Cameroon: Nearly 55 million USD to structure the local wheat sector
- Burkina Faso officially breaks diplomatic relations with France
- Negotiation of the United Nations Framework Convention on Tax Cooperation: a turning point for African States and civil society
- The G7 Summit in Evian: a stated ambition, but persistent structural limitations
- Morocco: Cartier Saada is betting its future with a fundraising of 8.8 million dollars
- What Senegal cannot see, it cannot manage — and that is the real budget crisis
Nigeria: Central Bank reports strong growth in public credit
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com