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NIGERIA DEBT PROFILE
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.
The Finance Minister added the Naira also continues to weaken against the dollar, increasing Nigeria's debt service obligations.
If there is anything that should ignite national discussion in the 2019 budget than others, it is the debt conundrum and future implications.