The country’s total public debt stock increased by 4.96 per cent to N46.25 trillion ($103.11 billion) in the fourth quarter of last year (Q4 2022) compared to N44.06 trillion ($101.91 billion) in the preceding quarter. According to the Nigerian Domestic and Foreign Debt Q4 2022 released by the National Bureau …
Read More »Nigeria’s Debt Stock Rises by N6.7 Trillion in 11 Months – Reports
The Nigeria’s total debt stock has increased by N6.7 trillion from N32.9trillion as of December 2020 to N39.6 trillion in November 2021. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in her presentation of the 2022 approved budget, disclosed that the government borrowed N6.7tn between January and …
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