…the path to investment-grade status. It added that the reforms were intended to reduce borrowing costs, attract private investment and create decent jobs. However, he said that the government acknowledged Fitch’s concerns about persistent inflation, low government revenue relative to economic output and high interest p…

…provide governments with hard-currency liquidity, diversify funding sources, and lower borrowing costs, the structure could create transparency concerns, increase exposure to market shocks, and weaken recovery prospects for conventional creditors if not carefully managed. The DMO has defended the arrangement, saying it…

…the impact on short-term funding rates. Despite the abundant liquidity, overnight borrowing costs recorded a modest increase. Analysts said the overnight lending rate rose by 28 basis points to 20.86 per cent, while the overnight policy rate remained at 20.50 per cent. The Nigerian Overnight Financing Rate, however, st…

…Agency, an initiative aimed at reshaping the continent’s risk perception and reducing borrowing costs. According to DataPro, achieving sovereign credibility demands systematic adherence to quantitative and qualitative economic parameters. The rating agency emphasized that sound fiscal policies, debt sustainability, and…

…consistently.The cost of political tension could extend beyond elections, affecting borrowing costs, investment decisions and Nigeria’s economic growth. Photo: Anadolu AgencyImagesThe 2027 election and investor confidenceNigeria needs an election environment that tells investors that political competition does not auto…

…for the quarter. This represents a decline of 181 basis points, reflecting the change in borrowing costs in the primary Treasury bills market over the quarter.

…therefore remain central to its efforts to improve Nigeria’s creditworthiness, lower borrowing costs and attract more private investment as it works towards investment-grade status.

…to adapt to evolving challenges.This crackdown comes as Nigeria grapples with high borrowing costs, posing obstacles for households seeking credit amidst a backdrop of financial crime concerns.

…bottlenecks that limit Nigeria’s productivity.” Against the backdrop of elevated borrowing costs, unstable exchange rates, rising energy expenses and weak infrastructure, the BOI said its interventions in 2026 would focus on sectors that directly influence inflation, economic growth and job creation. According to the r…

…stated. The survey also showed that consumers remain concerned about inflation and borrowing costs. Consumer Outlook Index readings for expected price changes stood at 23.3 points over the next three months and 25.0 points over the next six months.Additionally, 63.4% of households said the Nigerian economy would deteri…

…showed the average maximum lending rate dropped in June 2026 after months of elevated borrowing costsThe decline came even as the CBN held its benchmark Monetary Policy Rate steady at 26.5% for the second consecutive meetingManufacturers are still feeling the pressure of expensive credit, with bank lending to the secto…

…in net profit reflects significant improvements in capital efficiency, reduced net borrowing costs, and disciplined execution across key market segments,” the management noted. A major driver of the profit growth was a sharp 64.9 per cent decline in finance costs, which fell from N12.44bn to N4.36bn as total loans and…

…– He leaves a host of challenges for Burnham, including a tepid economy, high government borrowing costs, a ballooning welfare bill and irregular migrants arriving in small boats that have fuelled support for the hard-right Reform UK party. Unpredictable energy prices due to the US-Iran war and volatile relations with…

…The stakeholders noted that Nigerian businesses would welcome a rate cut to ease borrowing costs and support investment, particularly in the manufacturing sector, which has struggled under high interest rates. Their position comes despite a recent CBN Inflation Expectations Survey showing that 61.1 per cent of Nigerian…

…Office auction results by The PUNCH has shown. The increase came despite a decline in borrowing costs, with average marginal rates easing compared with last year, even as investor appetite remained strong, with subscriptions exceeding N9tn over the six-month period. The DMO auction results showed that the Federal Gover…

…The IMF urged governments to rebuild fiscal buffers amid rising debt levels, higher borrowing costs and growing external uncertainty.It said credible fiscal consolidation should be supported by stronger revenue mobilisation, improved tax administration, more efficient public spending and increased investment in infrast…

…debt repayment after weathering the impact of foreign exchange volatility and elevated borrowing costs in 2025. Finance cost is the total cost a company incurs for borrowing money or financing its operations. It is reported in the income statement and reduces a company's profit. The PUNCH spoke to industry analysts who…

…bids to fully absorb the offer and support additional allotments. Yields climb as borrowing costs rise While demand remained robust, the June auction reflected a higher return requirement from investors. The marginal rate on the 2035 bond increased from 17.00% in May to 18.34% in June, representing a rise of 134 basis…

…noted that a large number of developing countries continue to face significantly higher borrowing costs than their developed counterparts. The weighted average effective interest rate paid by developed countries stood at 2.2% in 2024. By contrast, about three-quarters of developing countries, representing 94 nations, p…

…(CPPE), Dr. Muda Yusuf, expressed caution over expectations of an immediate reduction in borrowing costs. According to him, Nigeria's high interest rates are serving a dual purpose: combating inflation and attracting foreign portfolio investment needed to support foreign exchange liquidity. "A significant portion of ca…