nigeria public debt
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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 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 Nigeria's Public Debt Soars to N121.67 Trillion in Just 3 Months, Sparking Economic Concerns
Nigeria's public debt skyrocketed to N121.67 trillion by March 2024, a 25% increase in three months. The Debt Management Office reports domestic debt at 54% of the total. This surge, driven by new borrowing and naira devaluation, raises concerns about Nigeria's fiscal health and economic...
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