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EXTERNAL DEBT SERVICING
Nigeria spent $1.82 billion servicing external debt in the first half of 2026, down 21.5% from $2.32 billion in the same period of 2025, even as interest payments to creditors, especially Eurobond investors, increased.
Nigeria incurred a debt service of $3.5 billion for its external loans in the fiscal year ended 2023 according to data from the Central Bank of Nigeria (CBN).
Nigeria spent a sum of $520.78 million on external debt servicing in the third quarter of 2021, rising...