{"id":472060,"date":"2021-06-14T12:39:07","date_gmt":"2021-06-14T12:39:07","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=472060"},"modified":"2021-06-14T12:39:07","modified_gmt":"2021-06-14T12:39:07","slug":"nigeria-public-debt-stands-at-87-billion-usd-in-the-first-quarter-of-2021","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/14\/nigeria-public-debt-stands-at-87-billion-usd-in-the-first-quarter-of-2021\/","title":{"rendered":"Nigeria: Public debt stands at 87 billion USD in the first quarter of 2021"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Nigeria&#8217;s public debt stood at USD 87.24 billion in the first quarter of 2021 according to a report by the National Debt Management Office (DMO). That is an increase of 10% year-on-year.<\/p>\n<p>This development, it is said, can be explained, among other things, by the bond loans contracted by the Nigerian authorities on the local market in order to finance infrastructure projects over the period. Moreover, the stock is made up of 62.33% of domestic debt, and 37.67% of external debt.<\/p>\n<p>As of December 31, 2020, Nigeria&#8217;s public debt stood at USD 86.5 billion according to the DMO, up 20.13% from December 31, 2019.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Nigeria&#8217;s public debt stood at USD 87.24 billion in the first quarter of 2021 according to a report by the National Debt Management Office (DMO). That is an increase of 10% year-on-year. This development, it is said, can be explained, among other things, by the bond loans contracted by the Nigerian authorities on the local<\/p>\n","protected":false},"author":536282,"featured_media":472061,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11996],"tags":[18892,18802,38,14702],"class_list":{"0":"post-472060","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-finance-en","8":"tag-87-billion-usd","9":"tag-first-quarter-of-2021","10":"tag-nigeria","11":"tag-public-debt","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria: Public debt stands at 87 billion USD in the first quarter of 2021 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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