Section 10: Borrowing powers of the Bank.

(1) The Bank may, with the approval of the Minister, borrow from any source any money required for meeting its obligations and discharging its functions under this Act.
(2) The Bank shall have power to-
(a) secure repayment of any money borrowed by the Bank in such manner as the Bank may think fit and in particular, by the issue of debentures charged upon all or any of the properties of the Bank; and shall also have power to purchase, redeem and pay up those securities; and
(b) receive grants, loans and advances and other money on deposit from the Federal Government, the Central Bank of Nigeria and any other bank and from the public under such terms and conditions as may be approved by the Board.
(3) The Federal Government may guarantee in such manner and on such terms as it may deem fit the redemption and the payment of any interest on any debenture stock or loan raised by the Bank from international development agencies.