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The national debt of Nigeria has implications for the country's economic and social development, as well as its relations with other countries and international organizations. [4] The management of the national debt is the responsibility of the Debt Management Office (DMO), which was established in 2000 as an autonomous agency under the ...
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
This is a list of countries by external debt: it is the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods or services, where the public debt is the money or credit owed by any level of government, from central to local, and the private debt the money or credit owed by private households or private corporations based on the country under ...
The committee evaluates loan requests, scrutinizes their potential impact on Nigeria's debt profile, and makes recommendations to the House. [ 2 ] As of January 2025, the committee is chaired by Honourable Abubakar Hassan Nalaraba , with Honourable Lanre Okunlola serving as the deputy chairman.
This is a list of official languages by country and territory. It includes all languages that have official language status either statewide or in a part of the state, or that have status as a national language , regional language , or minority language .
There are over 520 native languages spoken in Nigeria. [1] [2] [3] The official language is English, [4] [5] which was the language of Colonial Nigeria.The English-based creole Nigerian Pidgin – first used by the British and African slavers to facilitate the Atlantic slave trade in the late 17th century [6] – is the most common lingua franca, spoken by over 60 million people.
The country is also well connected to international financial markets and following the 2016–17 oil crisis, the country has seen an increasing influx of foreign capital over the past 12–18 months – capital importation in Nigeria jumped to US$6.3 billion in Q1–18 (594% yoy growth) vs. $12.3 billion for full year 2017 and $5.1 billion in ...
This is a list of official, or otherwise administratively-recognized, languages of sovereign countries, regions, and supra-national institutions. The article also lists lots of languages which have no administrative mandate as an official language, generally describing these as de facto official languages.