//
  • info@ocmlng.com
  • 0201-2914775

FG’s N9tn domestic loans surge drains lifeline from businesses

Home > market news
Financial News

FG’s N9tn domestic loans surge drains lifeline from businesses

30 Jan, 2026

The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained from the Central Bank of Nigeria on Thursday. An analysis of money and credit statistics showed that credit to the Federal Government outpaced private sector borrowings by N9.19tn, representing a 695.6 per cent swing in 2025, reflecting heightened fiscal pressures and increased reliance on local funding sources..................................….......READ MORE