BREAKING: Nigeria’s Total Debt Hits N89.71 Trillion

Nigeria’s total debt stock has risen to N89.71 trillion at the end of the third quarter of 2023.

The Debt Management Office disclosed this in a statement posted on its official X handle.

According to the DMO, the figure represents a slight increase of 0.61 per cent compared to N87.38 trillion recorded at the end of June 2023. In the same period, the domestic debt increased by N1.8 trillion while external debt was reduced from $43.16 billion to $41.59 billion.

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— DMO Nigeria (@DMONigeria) December 20, 2023