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CBN offers N450bn NTBs for auction, Wednesday, as overall maturities for Q2 ’26 remain at N3.197trn
Central Bank of Nigeria (CBN), Wednesday, put up for offer a total of N450 billion worth of Nigerian Treasury Bills (NTBs) for auction for todayJune 17, with the settlement date set for June 18. An official notice to Primary Money Market…
Nigeria at risk as W. Bank cautions countries rising debt crisis
Sopuruchi Onwuka Developing countries are entering a new phase of financial strain as debt costs climb to record highs, with the World Bank warning that many nations are now facing the largest financing shortfall in 50 years. Between 2022 and…
Nigeria’s public debt crosses $100 bn mark
Nigeria’s total debt stock has at the end of first quarter of 2022 reached N41.60 trillion and crossed the $100 billion mark. The Debt Management Office (DMO) declared that the country’s debt recorded a quarterly increase of N2.04 trillion. The…
