Nigeria Debt

Nigeria’s total foreign debt increased from N46.25 trillion in December 2022 to N49.85 trillion ($108.30 billion) as of March 31, 2023. Beginning in June 2023, the recently securitized …

Nigeria’s total public debt rose by fiat to N82 trillion following the unification of the naira. It was N73 trillion before the unification. The central bank of Nigeria …

Debt servicing surpassed Nigeria’s generated revenue in the first quarter of this year, the Ministry of Finance revealed on Thursday. In the fiscal performance report released by the …