Nigeria’s public debt hits ₦153.29tn amid rate cut
Economic watchers have said that Nigeria’s improving macroeconomic indicators, including a cautious 50-basis-point rate cut by the Central Bank of Nigeria, easing inflation, exchange rate stability, stronger external reserves, and sustained GDP expansion, are being overshadowed by a steadily rising public debt profile. According to the Debt Management Office, Nigeria’s total public debt rose to […]



