ways and means
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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
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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 Conflicting Narratives: FG's Borrowing Practices Under Scrutiny Amid Financial Uncertainty
The Federal Government of Nigeria has reportedly accumulated an additional N3.8 trillion through Ways and Means Borrowing within the last six months of 2023, as revealed by the latest Statistics bulletin released by the Central Bank of Nigeria (CBN). Despite previous statements by the Minister...- Nigeria News
- Article
- 1 min read
- central bank of nigeria debt profile ways and means
- Category: Politics
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