Eko Hot Blog reports that the Debt Management Office (DMO), on Wednesday, announced that the total public debt of Nigeria had increased to N89.71 trillion at the end of the third quarter of 2023. The figure represents a marginal increase of 0.61 percent compared to N87.38 trillion recorded at the end of June 2023. The … Read more
By FEMI ODERE It is expected that all manner of characters are going to be found in our nation’s legislature in a representative democracy. EDITOR’S PICKS Shehu Sani Slams Wike’s Appointment Obsession, Questions APC’s Focus Arewa Women, APC Governors Back Tajudeen Abbas As House Speaker Apple Unveils Revolutionary Mixed Reality Headset, Challenges Meta’s Dominance But … Read more
Nigeria’s public debt hit a total of N32.2tn at the end of September 2020 Nigeria’s public debt hit a total of N32.2tn at the end of September 2020, the Debt Management Office announced on Thursday. The figure implies that the nation’s debt profile rose by N1.19tn between the second and third quarters of 2020, Eko … Read more
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