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FG Unclaimed Funds Borrowing Strategy
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FG Unclaimed Funds Borrowing Strategy

3 articlesScore: 301h ago

3 Stories on This Topic

Business22h ago
Nigeria Borrows N100bn from Unclaimed Funds and Accounts

The Nigerian government has borrowed N100 billion from unclaimed dividends and dormant bank accounts, as revealed by the Debt Management Office. This fund, part of the Unclaimed Fund Trust Fund, reflects a growing reliance on domestic borrowing amid rising national debt.

Punch Newspapers
Nigeria Borrows N100bn from Unclaimed Funds and Accounts
Business22h ago
FG Borrows N100 Billion from Unclaimed Funds Trust Fund

The Federal Government of Nigeria has borrowed N100 billion from unclaimed funds as domestic debt reaches N80.49 trillion. This borrowing is part of a framework to manage unclaimed private funds, allowing the government to utilize these assets for public debt.

Nairametrics
FG Borrows N100 Billion from Unclaimed Funds Trust Fund
Business22h ago
Nigeria Borrows N100 Billion from Unclaimed Funds Trust

The Federal Government of Nigeria borrowed N100 billion from the Unclaimed Funds Trust Account in 2025, as reported by the Debt Management Office. This borrowing reflects a formal integration of unclaimed private funds into the government's borrowing framework.

Nairametrics
Nigeria Borrows N100 Billion from Unclaimed Funds Trust