Top 10 Nigerian states with highest external debt service costs in 2024
Nigerian states have collectively spent about N139.92 billion on servicing external debt in the first half of 2024.
Tag: External Debt
Nigerian states spend N139.92 billion servicing external debt in first six months of 2024
Nigerian states have collectively spent about N139.92 billion on servicing external debt in the first half of 2024.
Nigerian states spend 123% more on servicing external debt in four months
Nigerian states have witnessed a significant surge in their external debt servicing obligations, marking a 123% increase in the first ...
Naira value of 36 states and FCT’s external debt increased by 23.76% in six months
The naira value of the total external debt of Nigeria’s 36 states and Federal Capital Territory (FCT) increased by 23.76% ...
FX Crisis: Naira value of FG’s external debt increased by N17.37 trillion within one year
The naira value of the federal government’s external debt increased by N17.37 trillion from N16.703 trillion as of December 2022 ...
IMF Chief visits Ghana, says the country must get a fair deal from Eurobond creditors
IMF Chief visits Ghana to mediate its Debt restructuring process with its commercial creditors
Nigerian states with the highest debt per population
An average individual in Nigeria based on equal allocation owes an aggregate of N162,000 of Nigeria's total debt.
Nigerian government spends N1.02 trillion on debt servicing in Q1 2021
Nigeria spent a sum of N1.02 trillion on servicing domestic and foreign debts in the first quarter of 2021
FAAC disburses N601.1 billion to FG, States, and Local Govts in December 2020
The Federation Account Allocation Committee disbursed the sum of N601.11 billion to the three tiers of government in December 2020.
Vultures in flight: Should Nigeria consider suspension of sovereign debt payments like Argentina?
The vultures of finance at the center point of the COVID-19 pandemic causing significant economic damage around the world.
