By Aduragbemi Omiyale The Debt Management Office has disclosed that the public debt stock of Nigeria increased by 25.00 per cent or N24.33 trillion on a quarter-on-quarter basis in the first quarter of 2024. In a statement issued by the agency on Thursday, it was disclosed that the total debt, comprising domestic and external borrowings,… Continue reading Nigeria’s Domestic, External Borrowings Rise 25% to N121.67trn in Q1 2024
Tag: Nigeria’s total debt stock
Nigeria’s Total Debt Jumps to N72.7trn
By Adedapo Adesanya The Debt Management Office (DMO) has revealed Nigeria’s total debt stock is now N72.7 trillion after the addition of the securitised Ways and Means of Advances of the Central Bank of Nigeria (CBN). As of March 2023, the debt office said the country’s total public debt stock was N49.95 trillion ($108.30 billion),… Continue reading Nigeria’s Total Debt Jumps to N72.7trn