domestic debt

  1. Nigeria’s Debt Profile Grows by N8 Trillion in 2024, Federal Debt Increases

    Nigeria Nigeria’s Debt Profile Grows by N8 Trillion in 2024, Federal Debt Increases

    Nigeria’s public debt reached N142.3 trillion by September 2024, an increase of N8 trillion from June. The rise is largely due to domestic borrowing and naira depreciation. The federal government’s debt rose while state debts declined slightly. Nigeria also raised $2.2 billion through a Eurobond...
  2. Fiscal Fallout: Niger Delta States' Governors Face Criticism Over High Debt Profiles

    Nigeria Fiscal Fallout: Niger Delta States' Governors Face Criticism Over High Debt Profiles

    In a recent report by data tech company Statsense Consult Limited, former governors of Delta, Rivers, and Cross River states - Senator Ifeanyi Okowa, Nyesom Wike, and Senator Ben Ayade respectively - have been identified as the top three leaders who left behind substantial domestic debt burdens...
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