nigerias debt

  1. Nigeria's Debt Rises as FG Borrows N17.36 Trillion, Exceeds 2025 Budget Target

    Nigeria Nigeria's Debt Rises as FG Borrows N17.36 Trillion, Exceeds 2025 Budget Target

    The Digest: The Federal Government has borrowed N17.36 trillion in the first ten months of 2025, overshooting its prorated budget target by a staggering 55.6%. This aggressive borrowing, driven by revenue shortfalls and high spending, has sparked grave warnings from financial analysts about a...
  2. “Reckless Borrowing Must Stop”: Abbas Reacts as Nigeria’s Debt Reaches N149 Trillion

    Nigeria “Reckless Borrowing Must Stop”: Abbas Reacts as Nigeria’s Debt Reaches N149 Trillion

    The Digest: Speaker of the House of Representatives, Tajudeen Abbas, has issued a strong warning against irresponsible borrowing practices as Nigeria’s public debt reaches N149.39 trillion. Speaking at the West Africa Association of Public Accounts Committees conference, Abbas emphasized the...
  3. Nigeria’s Debt Rises to ₦149trn in Q1 2025: DMO Reveals ₦4.7trn Surge in 3 Months

    Nigeria Nigeria’s Debt Rises to ₦149trn in Q1 2025: DMO Reveals ₦4.7trn Surge in 3 Months

    Nigeria’s total public debt rose to ₦149.38 trillion in Q1 2025, up from ₦144.67 trillion in Q4 2024, a 3.3% increase, as reported by TheCable and confirmed by the Debt Management Office (DMO). Total public debt now stands at ₦149.38 trillion, up by ₦4.72 trillion. Domestic debt accounted for...
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