Nigeria’s public debt rises by N8.02 trillion to N142.3 trillion in Q3 2024
Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97% (N8.02 trillion) ...
Tag: Public Debt
Nigeria’s public debt is blowing up, this is what it means for you!
https://youtu.be/K-TRU6UWeBo?si=2-n8VtWcj8alWkP2
Nigeria’s $91 billion debt, the best-case scenario to avoiding a blow up – By Kalu Aja
A review Nigeria's Q1 2024 debt portfolio, noting decreased total debt but rising costs due to higher interest rates.
FG’s interest spending on debt to gulp 36% of revenue in 2024 – Moody’s
Global ratings agency, Moody’s has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s ...
Public Debt: Nigeria’s largest creditors as of December 2023
According to data from the Debt Management Office (DMO), the total public debt in Nigeria is an estimated N97.34 trillion ...
Paris Club Creditors cancel 99% of Somalia’s debt
The Paris Club of Creditors have reached an agreement with the government of Somalia that will result in the cancellation ...
CBN sells N161.5 billion in Treasury Bills, as investors seek higher returns, longer maturities
The Central Bank of Nigeria (CBN) has sold N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities at ...
FG hopes to borrow N450 billion from FGN Bond auction in March
The Federal Government seeks to borrow N450 billion from its third FGN bond auction of 2024, according to the latest ...
African countries should put an end to resource backed loans – Adesina
The African Development Bank's President, Akinwunmi Adesina is advocating for an end to the practice of offering loans in return ...
CBN sells another N1.3 trillion in treasury bills at 21.5%
The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion.
