The domestic debt stock of 22 states and the federal capital territory (FCT) shrunk by a significant N176.3 billion in the third quarter (Q3) of 2023, according to data from the
Tag "debt profile"
The governors of some states in Nigeria have called for a quick intervention to curtail the nation’s rising debt profile. The Debt Management Office (DMO) had said Nigeria’s total public
The Debt Management Office (DMO) says Nigeria’s growing debt profile is the result of years of operating budget deficits by successive governments. Patience Oniha, director-general of the agency, spoke to
Shehu Sani, a former senator representing Kaduna central, says President Muhammadu Buhari would have protested if former President Goodluck Jonathan had piled up debts like his administration. Sani spoke on
Nigeria has raised a $1.25 billion seven-year eurobond in the International Capital Market (ICM) to finance capital projects in the
The Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion
The total debt portfolio of the Nigerian government (state and federal) stood at N27.4 trillion as of December 2019. This
Former Vice-President Atiku Abubakar says Nigeria may “collapse under unsustainable debt” going by the country’s current debt profile. Reacting to
The house of representatives has resolved to probe Nigeria’s debt profile which lawmakers say is at an “alarmingly high” rate. The
Data available from the National Bureau of Statistics (NBS) shows that the foreign debt stock of states and federal government
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