Showing posts with label Nigeria's foreign debt now top up to $10.3bn. Show all posts
Showing posts with label Nigeria's foreign debt now top up to $10.3bn. Show all posts

Tuesday, 28 July 2015

Nigeria’s foreign debt rises to $10.3bn

LAGOS — Nigeria’s external debt stock as at second quarter 2015 stood at about USD10.3 billion, over 10 per cent increase, against USD9.5bn recorded in the first quarter of the year, just as the Federal Government revenue rose to N485.95 billion, up from May figure of N324.7 billionArelease, yesterday, by the Debt Management Office (DMO) of the Federal Government, however, shows an unchanged position in the domestic debt stock at N8.39 trillion against N8.31 trillion in the first quarter.