How Nigeria’s Debt Profile Rose By N4.5trn In 9 Months

Nigeria’s local and foreign borrowings reached another milestone in September after rising by N4.5trn in Nine months, analysis by THE WHISTLER has shown.

Nigeria’s total public debt was N39.55trn ($95.77bn) in December 2021 but has surged by 11.39 per cent to N44.1trn ($101.9bn) in nine months period ending September 2022.