Nigeria records debt service to revenue ratio of 99% in first quarter of 2020.
This suggests almost all the revenue generated was used to meet debt service obligations.
Tag: Foreign Debt
Nigeria’s foreign debt has breached a 15-year trigger
Nigeria’s external debt hits a 16 year high of $27 billion in December 2019 just higher than the $20.8 billion ...
Atiku kicks as Buhari spends $3.7 billion in foreign debt service since 2015
The Buhari led government has spent about $3.7 billion in foreign debt service since 2015, one of the highest from ...
Lagos remains the state with the highest debt profile
Nigerian total debt stock stood at $73.21 billion in Q2 2018.
