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Nigeria’s Public Debt Rises by 10.7% to N97.34 Trillion – DMO

Nigeria's Public Debt Rises by 10.7% to N97.34 Trillion - DMO According to the Debt Management Office (DMO), Nigeria's public debt has surged by 10.7% to N97.34 trillion, up from N87.91 trillion in the previous quarter. The report revealed that the rise in debt levels are...

Nigeria’s Public Debt Rises by 10.7% to N97.34 Trillion – DMO

Nigeria's Public Debt Rises by 10.7% to N97.34 Trillion - DMO According to the Debt Management Office (DMO), Nigeria's public debt has surged by 10.7% to N97.34 trillion, up from N87.91 trillion in the previous quarter. The report revealed that the rise in debt levels are...

Nigeria’s Public Debt Hits N87.91trn, Grows by 0.61%

Nigeria's Public Debt Hits N87.91trn, Grows by 0.61% By Zekeri Idakwo Nigeria public debt has increased by 0.61 percent in the third quarter of 2023. According to the latest data from the National Bureau of Statistics (NBS), Nigeria's total public debt stock which includes external and domestic...

Public Debt May Rise To N90.5trn – Analysts

Public Debt May Rise To N90.5trn - Analysts   Analysts have predicted that public debt outstanding would likely close at N90.49 trillion (or 43.1 per cent of GDP) in 2023 against N46.25 trillion or 23.2 per cent of GDP recorded in the corresponding period in 2022. Specifically,...

360% Increase In Public Debt Worrisome – LCCI

360% Increase In Public Debt Worrisome - LCCI   The Lagos Chamber of Commerce and Industry has said that it was worried about the 360.4 per cent increase in Nigeria’s public debt from N10.04tn in 2013 to N46.25tn in 2023. In a statement signed by its Director-General,...

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022   Nigeria’s public debt stock stood at N44.06 trillion ($101.91 billion) in the third quarter of 2022 (Q3’22), which is 2.85 percent higher than the N42.84 trillion recorded in Q2’22. The National Bureau of Statistics (NBS)...