Tag
DOMESTIC DEBT STOCK
The Debt Management Office (DMO) reports that the federal government's domestic debt stock by instrument reached N66.957 trillion by the first half of 2024, marking an 8.74% increase from N61.578 trillion at the end of Q1.
The nine oil-producing states in Nigeria saw their domestic debt stock drop from a record high of N1.66 trillion recorded as of June 2023 to N1.58 trillion by the end of September 2023.
Nigeria’s total debt rose by N2.05 trillion in Q1 2022 from N39.56 trillion recorded as of December 2021 to stand at N41.6 trillion...