The Federal Government Borrowed ₦5 Trillion in Just Six Months — Should That Worry You?

This number stopped me when I saw it and I think it's worth an honest conversation. The Federal Government raised ₦5.08 trillion from the domestic bond market in the first six months of 2026 alone a 77.8% increase compared to the same period in 2025. ₦5 trillion in six months. From Nigerians and Nigerian institutions lending money to the government. Now there are two ways to look at this. On one hand, the government borrowing heavily from the domestic market crowds out private sector... Read more

The Federal Government Borrowed ₦5 Trillion in Just Six Months — Should That Worry You?












This number stopped me when I saw it and I think it's worth an honest conversation.
The Federal Government raised ₦5.08 trillion from the domestic bond market in the first six months of 2026 alone a 77.8% increase compared to the same period in 2025. ₦5 trillion in six months. From Nigerians and Nigerian institutions lending money to the government.

Now there are two ways to look at this. On one hand, the government borrowing heavily from the domestic market crowds out private sector...

Read more

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