First Domestic Dollar Bond Swells Nigeria’s Debt by N1.47 Trillion
Nigeria’s inaugural domestic dollar-denominated bond has significantly contributed to the nation’s debt stock, adding a substantial N1.47 trillion. This bond, as per the latest domestic debt report from the Debt Management Office (DMO), now accounts for 2.12% of Nigeria’s total domestic debt, which stood at N69.22 trillion as of September 30, 2024. The issuance marks … Read more