
Business
Nigeria’s External Debt Hits $42.9bn in Q2 2024 Amid Rising Naira Devaluation
Nigeria’s external debt reached $42.9bn in Q2 2024, rising +2% QoQ and reflecting the naira’s 13% depreciation.
Nigeria’s external debt reached $42.9bn in Q2 2024, rising +2% QoQ and reflecting the naira’s 13% depreciation.
In 2024, Nigerian states allocated a massive N243.2 billion to debt charges, with Ondo State leading at N64.6 billion