new borrowing
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Nigeria DMO Reports Sharp Increase in Nigeria’s Public Debt Due to Borrowing and Currency Impact
Nigeria’s public debt rose by N24.33 trillion, reaching N121.67 trillion in Q1 2024. This increase, driven by new borrowing and Ways and Means securitisation, underscores the impact of economic reforms and exchange rate fluctuations. The DMO urges fiscal retrenchment and measures to attract...- Nigeria News
- Article
- 2 min read
- debt management office new borrowing nigeria public debt ways and means
- Category: Business
-
Nigeria DMO Reports Sharp Increase in Nigeria’s Public Debt Due to Borrowing and Currency Impact
Nigeria’s public debt rose by N24.33 trillion, reaching N121.67 trillion in Q1 2024. This increase, driven by new borrowing and Ways and Means securitisation, underscores the impact of economic reforms and exchange rate fluctuations. The DMO urges fiscal retrenchment and measures to attract...- Nigeria News
- Article
- 2 min read
- debt management office new borrowing nigeria public debt ways and means
- Category: Business
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