2007 – 2018: Nigeria’s debt story
The Vice President of Nigeria, Yemi Osibanjo, was quoted as saying In 2010 our debt was $35 billion, $41 billion in 2011, $48 billion in 2012, $64 billion in 2013, $67.
The Vice President of Nigeria, Yemi Osibanjo, was quoted as saying In 2010 our debt was $35 billion, $41 billion in 2011, $48 billion in 2012, $64 billion in 2013, $67.
As I write this, crude oil is trading at $36.19, the naira is trading @ 275 to a dollar and 405 to one British pounds.
Nigerian Treasury bills (NTB) are short term debt securities issued by the Federal Government of Nigeria. They are discount securities.