Nigeria’s Public Debt Surges to NGN121.67 Trillion in Q1-2024 Amid Rising Government Expenditures and Naira Depreciation
Recent data released by the Debt Management Office (DMO) reveals a substantial increase in Nigeria's public debt, which surged by 25.0% quarter-on-quarter (q/q) to NGN121.67 trillion in Q1-2024, up from NGN97.34 trillion in Q4-2023. This sharp rise in debt levels...
