December 29, 2025/CSL Report Recent data from the Central Bank of Nigeria (CBN) shows a significant decline in state and local government borrowings from commercial banks, with outstanding claims falling from ₦2.68 trillion in June 2024 to ₦2.13 trillion by June 2025, a reduction of about ₦547.5 billion (≈ 20.4%) […]
Updates
Nigeria’s N58.18trn Budget and Rising Cost of Deficit Governance
December 29, 2025 By Blaise Udunze When President Bola Tinubu presented the N58.18 trillion 2026 Appropriation Bill to the National Assembly, unbeknownst to some, it opened with a contradiction that should unsettle even its most optimistic readers. It is an irony that a budget promises consolidation, renewed resilience, and shared […]
FG Issues ₦590bn power sector bond
December 24, 2025/CSL Update In a recent statement, the Office of the Special Adviser to the President on Energy announced that the Federal Government of Nigeria has taken a decisive step to address the liquidity challenges in the power sector through the issuance of a ₦590 billion Series 1 Power […]
