Nigeria spends 96% of its revenue on debt servicing in 2021, worst on record
FG incurred a sum of N4.22 trillion on debt servicing in 2021, increasing by 29.3% compared to N3.27 trillion spent ...
FG incurred a sum of N4.22 trillion on debt servicing in 2021, increasing by 29.3% compared to N3.27 trillion spent ...
The Central Bank of Nigeria (CBN) has stated that heavy debt servicing is taking a toll on lean fiscal resources. ...
The Federal Government has revealed that it spent the sum of N2.89 trillion on debt servicing between January and August ...
Sukuk proceeds will be used solely for the construction and rehabilitation of key roads across the six geopolitical zones of ...
Join Adetayo, Lawretta Egba, Senior Financial Analyst and Olumide Adesina, Investment Analyst at Nairametrics as they dicuss how covid-19 and ...
The DMO has revealed that the Coronavirus outbreak would affect the FG's ability to service Nigeria's debt which is currently ...
Nigeria’s public debt stock rose to N25.7 trillion in June 2019 and the payment for servicing the debt continues to ...
The CBN disclosed that the Federal Government paid $1.09 billion to service its debts between January and September 2019. Â
Several bankers in the country have expressed worries over the huge amount of debt apportioned to debt servicing.
Nigeria’s public debt stock grew marginally by 2.30% to N24.95trn (US$81.27bn *exchange rate of N306.95/US$) as of the end of ...
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