SENATE APPROVES TINUBU’S ₦1.15 TRILLION DOMESTIC BORROWING TO BRIDGE 2025 BUDGET GAP
The Senate has approved President Bola Tinubu’s request to raise ₦1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit. The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during Wednesday’s plenary. The committee noted that the 2025 Appropriation Act […]
FG OVERSHOOTS 2025 BORROWING TARGET BY 55.6%, MAY HIT 80% BY YEAR END
Nigeria’s rising debt curve has taken another sharp turn.The Federal Government has borrowed ₦17.36 trillion between January and October 2025 — overshooting its ₦10.9 trillion target for the same period by 55.6%, according to new fiscal data reviewed by VOS TV Business Desk. The 2025 budget had set total borrowing at ₦13.08 trillion for the […]
