Skip to content
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Television
  • Editorial
  • Personality
  • Style
  • Echoes of the Past
  • Press Clip
  • Column
    • Capital Matters
    • Eye Witness
    • Frank Talk
    • Insights
    • Naija Gists
  • Download Magazine
    • View Cart
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
  • Home
  • News
    • National
    • International News
  • Politics
  • Education
  • Business
  • Entertainment
  • Sports
  • Health
  • Law
  • Shop
Download Magazine
Nigeria’s debt profile hit N46.25trn-DMO
  • March 30, 2023
  • Unity Times

The Debt Management Office (DMO) has published that Nigeria’s public debt profile as at the end of December 2022, stands at N46. 25 trillion.

The DMO, which released the data on Thursday said the figure accounted for the total debt owed by the federal and state governments, as well as, the Federal Capital Territory.

Grow your business with us

The debt position as at December 2022 was about N6.69 trillion (22.47%) higher when compared to the end December 2021 figure which was N39. 56 trillion

The DMO said that the debt figure under review was 23.20% of the Gross Domestic Product (GDP), indicating that it was well within the limits set by both the federal government and international orhganisations.

It said, “The ratio of 23.20% is within the 40% limit self-imposed by Nigeria, the 55% limit recommended by the World Bank/International Monetary Fund, and, the 70% limit recommended by the Economic Community of West African States.”

Previous
Next
Share the Post:
Grow your Business
Grow your business with Us
Subscription Ads
Related Posts

U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

Anietie Udobit, Abuja The United States Department of State has ordered the evacuation of non-essential personnel and family members from

Read More

Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

Anietie Udobit, Abuja Top figures from Nigeria’s opposition landscape converged in Abuja in a high-stakes meeting that could reshape the

Read More

Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

Anietie Udobit,Abuja Hopes of calm in the Middle East were quickly shaken as fresh violence erupted despite a ceasefire agreement

Read More

Join Our Newsletter

Unity Times
Facebook-f Twitter
  • U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

    U.S. orders evacuation of Abuja embassy staff, raises fresh security concerns

    April 9, 2026 Breaking News, International News, National, News, Security
  • Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

    Opposition heavyweights meet in Abuja, weigh alliance ahead of 2027 polls

    April 9, 2026 Breaking News, National, News, Politics
  • Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

    Fragile truce rattled as Israel strikes Lebanon, Iran hits Gulf targets

    April 8, 2026 Breaking News, Business, International News, Security
Get In Touch

Block 4, Wuse ll,

Abuja Nigeria

  • Email: office@unitytimesonline.com
  • Phone:
  • Hours: Mon-Fri 9:00AM - 5:00PM

© 2026 All Rights Reserved.