Nigeria’s Debt Soars to ₦134 Trillion, Exceeds 40% of GDP

…Debt Service Costs Jump 38% to ₦3.4 Trillion   Nigeria’s public debt has reached a critical…

Budget Deficit: DMO Plans to Raise N1.2 Trillion via FGN Bonds in First Quarter

The Debt Management Office, DMO, yesterday announced plans to raise up to N1.2 trillion through FGN…

FG Borrows N2.2 Trillion from Local Investors through Bonds, Treasury Bills

In continuation of efforts to fund the N6.4 trillion deficit spending in budget 2022, the Federal…

FG Spent N1.03 Trillion on Debt Servicing in Q1 2021 – CBN

The Central Bank of Nigeria (CBN) has said Federal Government spent N1.03trillion on debt servicing in…

FG Spent $1 Billion on Debt Servicing in Three Months -CBN

The Central Bank of Nigeria (CBN) has disclosed that the federal government spent $1billion on debt…