May 19, 2024
Nigeria’s Debt Profile To Hit N81 Trillion Following Fx Rates Unification
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Nigeria’s Debt Profile To Hit N81 Trillion Following Fx Rates Unification

Nigeria’s debt profile has gone up to N81 trillion due to the latest Naira devaluation by the Central Bank of Nigeria (CBN).

On Wednesday, the CBN officially unified all segments of the forex exchange (FX) market.

READ ALSO: Inflation Hits 22.41% Amid Petrol Subsidy Removal

The last time the Debt Management Office published the nation’s debt profile, the dollar exchanged at N430 to $1.

The recent devaluation has seen the dollar shoot up to N664/$ at the close of trading at the import and export window yesterday.

    • 11 months ago

    […] READ ALSO: Nigeria’s Debt Profile To Hit N81 Trillion Following Fx Rates Unification […]

    • 11 months ago

    […] READ ALSO: Nigeria’s Debt Profile To Hit N81 Trillion Following Fx Rates Unification […]

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