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Home Tag Archives: borrowing

Tag Archives: borrowing

Nigerian debt office expects approval of 1.649 trillion naira in borrowing

By Young Blackboi Amg Napiboi
April 5, 2019
in :  ARTICLES

Nigeria’s debt office said on Thursday it expects the government to approve total borrowing of 1.649 trillion naira ($5.39 billion) in 2019. Half the debt, 824 billion naira, will be foreign borrowing, Patience Oniha, the director general of Nigeria’s Debt Management Office, told reporters in the capital Abuja. Nigeria, Africa’s largest economy, has been racking up debt in an effort …

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