Credit to the private sector (CPS) from Nigerian banks grew by 3.1% month-on-month (MoM), reaching N75.5 trillion in July 2024, up from N73.2 trillion...
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Maroc - NAIJA247NEWS.COM - A La Une - 06/Sep 06:54
“NNPC Limited’s Net Debt Surges to N156.4 Trillion in 2023, Up from N22.7 Trillion in 2022”
The Nigerian National Petroleum Company (NNPC) Limited has seen a dramatic increase in its net debt, which soared to N156.4 trillion in 2023, up from N22.7 trillion in 2022. This represents an almost seven-fold rise, with the company’s net debt increasing by N133.7 trillion over the year, according to BusinessDay analysis. Additionally, NNPC Limited’s lease […]
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