Nigeria’s Public Debt Hits N134.3tn Amid Naira Devaluation, Surpassing IMF Projections

Nigeria’s total public debt rose suddenly by N12.6 trillion to reach N134.3 trillion ($91.3 billion) at the close of Q2 2024 according to report.  This 10.35% surge from the previous quarter’s N121.7 trillion ($91.5 billion) has been largely driven by the devaluation of the naira, giving to an official document presented at the World Bank … Continue reading Nigeria’s Public Debt Hits N134.3tn Amid Naira Devaluation, Surpassing IMF Projections