Nigeria’s promissory notes drop 15.6% in Q1 2025 — DMO
Nigeria’s promissory notes plummeted by 15.6% quarter-on-quarter, declining from N1.542 trillion in December 2024 to N1.301 trillion in March 2025, according to the Debt Management Office. The decrease, which also reflects a 17.1% year-on-year drop from March 2024, underscores the federal government’s intensified efforts to settle verified obligations and bolster economic confidence. Promissory notes, legally […]