Nigeria’s total public debt has climbed to an unprecedented N142.3 trillion as of September 30, 2024, marking an increase of N8 trillion (5.97%) from the N134.3 trillion recorded in June. This increase, driven largely by the depreciation of the naira, reflects the growing strain on the nation’s finances. The Debt Management Office (DMO) revealed that … Continue reading Nigeria’s Public Debt Hits Record N142 Trillion Amid Rising Borrowing