Nigeria’s Debt Hits N28.62 Trillion- Debt Office

Nigeria's Debt Hits N28.62 Trillion- Debt Office

Nigeria’s total public debt rose to 28.62 trillion naira ($79.5 billion) as of March, up 15% from a year earlier, the Debt Management Office (DMO) said on Friday. Africa’s largest economy has been racking up debt to fund infrastructure projects and boost a sluggish economy now projected to fall into recession following the impact of … Read more