Tag: debt

In Q1 2023, Nigeria’s debt servicing costs increased to $1.24 trillion.

Amid worries about Nigeria’s increasing debt burden, the country’s debt servicing cost has risen by 55.71 per cent to N1.24 trillion in the First quarter of 2023. Webteam@ipledge2nigeria learnt this…

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The ballooning National debt

The 2018 introduction of the World Bank- assisted States Fiscal Transparency and Accountability Programme (SFTAS) was to nudge sub-national governments into adopting fiscal transparency and taming their appetite for indiscriminate…

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Nigeria’s total debt to hit $172B – Debt Management Office

Nigeria’s public debt is expected to increase to 77 trillion naira ($172 billion) in the current year, up from 44 trillion naira as of September, according to the Debt Management…

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