N4.17trn: How much Nigeria has borrowed in a year

Statistics from the Debt Management Office (DMO) on Tuesday has shown that Nigeria’s debt has risen from N12.12tn in June 2015 to N16.29tn as of June 30, 2016, indicating a N4.17tn increase. The document from the DMO also showed that external debt by the federal and state governments stood at $11.26bn or N3.19tn as of June 30, 2016 as... Read More