Nigeria’s Debt Hits N166.79tn as FG Seeks Fresh $1.5bn World Bank Loans

Nigeria seeks $1.5bn in new World Bank loans as public debt hits N166.79tn, with funds targeting climate resilience, social protection and children. The Federal Government is seeking fresh $1.5 billion World Bank loans as Nigeria’s public debt hits a record N166.79 trillion. The proposed loans will fund climate resilience, social protection and early childhood development….

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China Partnership to Boost Nigeria’s Power Supply — FG

The Federal Government says its growing partnership with China could help Nigeria achieve more reliable electricity. The deal could also boost renewable energy and local production of power equipment. Minister of Power Joseph Tegbe made this known in Abuja during a reception marking China’s 77th anniversary. He said Chinese investments would have greater impact if…

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King’s College: Confusion Over Sunday Resumption as Unity Colleges Shut Down

Fresh confusion has hit Nigeria’s 117 Federal Unity Colleges over the 2026/2027 academic session. The Federal Government ordered students to resume on Sunday, September 20. However, a faction of the Association of Senior Civil Servants of Nigeria (ASCSN) ordered an indefinite shutdown. The dispute is linked to the proposed 35-year concession of King’s College, Lagos,…

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