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Tag: Nigeria Debt

Nigeria’s Debt Stock hits ₦31 trillion – DMO

September 10, 2020Eben Tanimola

Nigeria’s Public Debt Stock has hit N31.009 trillion as at June 30, 2020, the Debt Management Office (DMO) said on Wednesday. This means that in the last five years under the President, Major General Muhammadu Buhari (retd.), the country’s debt rose by N18.89tn. As of the end of June 2015, one month after the present […]

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Nigeria’s debt profile rises to N19.16 trillion

June 6, 2017Ekene Onyeama

According data released by the Debt Management Office, DMO, Nigeria’s indebtedness to creditors – local and foreign – rose from the N17.36 trillion recorded at the end of December 2016, to N19.16 trillion, representing an increase of N1.8 trillion. The DMO said that at the end of March 2015, the country’s total debt stood at N12.06 […]

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