Nigeria Debt

Nigeria’s total debt now stands at N22.43tn, data obtained from the Debt Management Office have shown. According to the DMO, the nation’s total debt as of September 30, 2018, stood at N22.43tn. As of June 30, 2015, the country’s total…

The country’s foreign and domestic debts stood at $22.08bn and N15.63tn, respectively at the end of the second quarter of this year, according to figures released by the National Bureau of Statistics. Figures from the NBS obtained by our…

The Asset Management Corporation of Nigeria (AMCON), says that only 350 Nigerians are responsible for more than 80 percent of the N5.4 trillion debt portfolio of the company. The Managing Director/Chief Executive Officer of AMCON, Mr.…