The Special Adviser to President Bola Tinubu on Senate Matters, Senator Basheer Lado, has provided further clarification on the National Honours conferred on the presiding officers of both the Senate and the House of Representatives by President Tinubu earlier this week. In his national broadcast during Nigeria’s 64th Independence anniversary, President Bola Tinubu conferred the
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Nigeria’s public debt hits N142tn as borrowing rises
Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn) compared to N134.3tn in June 2024. The debt, comprising external and domestic obligations, reflects the significant impact of exchange rate depreciation on external borrowings when converted to naira terms. Data from the Debt Management
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Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn) compared to N134.3tn in June 2024. The debt, comprising external and domestic obligations, reflects the significant impact of exchange rate depreciation on external borrowings when converted to naira terms. Data from the Debt Management