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Breaking News

Tech Experience Centre, a Game-Changer for Nigeria – Schneider Electric MD
Konga Naija Shopping Festival Promises Year-End Discount Bonanza
4th Anniversary: 9PSB Donates 10,000 Books to Schools Across Nigeria
NCC Introduces A2P Licensing Framework Services to Strengthen Nigeria’s Telecom Sector
TD Africa Partners Check Point to Bolster Nigeria’s Cybersecurity Landscape
Stars, Smiles, and Surprises: Highlights from the TECNO SPARK 30 City Tour
IHS Nigeria Partners National Commission for Museums and Monuments to Digitize Nigeria’s Cultural Heritage
From National Theatre to the State Cultural Centres: Cascading the Revamps in the Creative Sector
SeerBit Takes Goal to Impact One Billion Lives to DevFest Lagos 2024
Hermplify Launches AI Platform for Women Entrepreneurs and Girls in Africa’s $300B Digital Economy
Rack Centre Chosen as Local Host for 2025 African Peering and Interconnection Forum.

Tag Archives: External debt

How Nigeria’s Public Debt Rises to N46.25 Trillion in Q4 2022

April 12, 2023 BUSINESS 0

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 …

Nigeria pays $1.09 billion to service external debt in 9 months

November 5, 2019 Banking and Finance, BUSINESS 0

The Central Bank of Nigeria (CBN), according to its latest payment statistics, disclosed that the Federal Government paid $1.09 billion to service external debt between January and September 2019. The Central Bank’s statistics revealed Nigeria paid highest in August with $199.8 million; lowest in June with $18.58 million, and paid an average of …