Nigeria’s Debt Management Office, DMO, has said that the maximum amount of money the country can comfortably borrow in 2017 is $22.08 billion, as anything more will violate the country-specific threshold.
Statistics from Nigeria’s Debt Management Office, DMO, shows that the country’s debt profile stood at N16.29 trillion in June this year, indicating a N4.17 trillion increase from the N12.12 trillion it was in June 2015.