How Naira depreciation pushed Nigeria’s debt to N149.39trn

Dailytrust | 30-06-2025 02:25pm |

Nigeria’s total public debt ballooned to N149.39 trillion as of March 31, 2025, according to data from the Debt Management Office (DMO), indicating a year-on-year increase of N27.72 trillion compared to N121.67 trillion recorded in the corresponding period of 2024. The increase was largely due to naira depreciation, as it continues to affect the value [...]

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