Nigeria’s public debt rises to $103.3 billion
Nigeria’s total public debt rose 3% to $103.3 billion in the second quarter of this year, largely driven by local borrowing to finance the budget deficit, the Debt Management Office (DMO) said. Nigeria’s deficit has grown this year due to the high cost of a fuel subsidy at a time when oil revenue has fallen… Read More Nigeria’s public debt rises to $103.3 billion