Nigeria's debt profile

Business and Economy

Nigeria to face higher debt burden in 2024, says IMF

NIGERIA will face a higher percentage of debt to gross domestic product (GDP) burden in the coming year, according...
Ehime ALEX -
Business and Economy

Nigeria’s public debt rises to N46.25trn, analyst lists impact on economy

THE Debt Management Office (DMO) revealed today that Nigeria’s total public debt stock increased to N46.25 trillion, or $103.11...
Harrison EDEH -
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Featured News

Nigeria’s debt profile now over N20 trillion, says Debt Management Office

The Debt Management Office says Nigeria’s total debt stock stood at N20.37 trillion as at September 30 this year. This...
Kingsley OBIEJESI -
Featured News

Buhari seeks Senate approval to borrow $3 billion

President Muhammadu Buhari wants the Senate to approve the borrowing of $3 billion which he said would be used...
Kingsley OBIEJESI -
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Featured News

Nigeria’s foreign debt may hit $11.6 billion by 2027

Between 2017 and 2026, Nigeria's foreign debt profile will have risen to $11.62 billion, the Debt Management Office says. This...
Kingsley OBIEJESI -
News

DMO Advises FG Against Excessive Borrowing

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.
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