Nigerian states with the highest debt per population
An average individual in Nigeria based on equal allocation owes an aggregate of N162,000 of Nigeria's total debt.
Tag: domestic debt
News and analysis about domestic debt
Nigerian government spends N1.02 trillion on debt servicing in Q1 2021
Nigeria spent a sum of N1.02 trillion on servicing domestic and foreign debts in the first quarter of 2021
Nigeria’s total public debt rises to N32.2 trillion ($84.57 billion) as at September 2020.
Nigeria has a total public debt (External and Domestic) of N32.22 trillion ($84.57 billion) as of September 2020.
High debt servicing cost remains a sore thumb
Nigeria’s public debt stock grew marginally by 2.30% to N24.95trn (US$81.27bn *exchange rate of N306.95/US$) as of the end of ...
Nigeria’s total debt stock rises to N24.9 trillion
Nigeria’s total debt stock rose to N24.9 trillion or US$81.2 billion as of the end of March 2019. This is ...
FG’s domestic debt servicing cost hit N1.7tn in 2018
A CBN report has revealed that the serving of domestic debt instruments cost the Federal Government a whopping N1.799 trillion ...
REVEALED: States’ total debts hit N5.15tn in 2018
Once government debt reaches a certain size, it really drags on long-term economic growth. It can also drag on the ...
Dear Adeosun, please drop the dollar treasury bills refinancing idea, do this instead.
Last week, the Finance Minister, Kemi Adeosun announced that the Federal Executive Council had approved a plan to refinance $3billion ...
Explained: FG’s plan to refinance treasury bills with dollar debts
The Federal government is to refinance maturing domestic debt with $3 billion treasury bills. Minister of Finance Kemi Adeosun disclosed ...
Credit to Public Sector hit all time high as borrowing spree continues
Data from the Central Bank of Nigeria reveals Nigeria's credit to the private sector as a percentage of credit to ...
