How Foreign Exchange Crisis Drives Up Nigeria’s Debt Profile Under Tinubu, Drains Country’s Revenue

As of the first quarter of 2024, the external debt portfolio of the country dropped to $42.115 billion but regardless of this, the exchange rate used stood at N1330 per dollar, meaning that the naira equivalent stood at N56.024 trillion. 

  News   Jun 23, 2024   0   38  Add to Reading List
How Foreign Exchange Crisis Drives Up Nigeria’s Debt Profile Under Tinubu, Drains Country’s Revenue

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As of the first quarter of 2024, the external debt portfolio of the country dropped to $42.115 billion but regardless of this, the exchange rate used stood at N1330 per dollar, meaning that the naira equivalent stood at N56.024 trillion. 
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