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Nigeria’s Debt Hits N38trn, Rises By N2.54trn In Three Months – DMO

Nigeria’s Debt Hits N38trn, Rises By N2.54trn In Three Months - DMO   The Debt Management Office on Tuesday disclosed that Nigeria’s public debt was N38.005tn as of the end of the third quarter of 2021. In a press statement titled, ‘DMO publishes total public debt for...

Inflation: Money Supply Rises By 22.5% To N38trn

Inflation: Money Supply Rises By 22.5% To N38trn       The increasing demand for cash by members of the public to meet the rising prices of goods and services has caused money supply in the economy to jump by 22.5 per cent Year-on-Year (YoY) to N38 trillion...

Credit To Economy Rises By 6.3% To N38trn

Credit To Economy Rises By 6.3% To N38trn     Credit to the economy rose by 6.3 percent to N38 trillion in the first half of the year (H1’2020) driven by 9.85 percent upsurge in credit to the federal government. This reflects the impact of the various intervention...