Nigeria’s debt servicing expense doubles to N7.8 trillion in 2023
Nigeria continues to grapple with dwindling revenue amidst rising fiscal expenditure, with debt servicing gulping a huge chunk of government ...
Tag: Nigeria’s debt service
Nigeria’s debt service cost surges by 28% to N1.17 trillion in Q3 2022
Meanwhile, total debt stock fell to $101.91 billion as of the end of September 2022 from $103.31 billion as of ...
Nigeria has revenue problem not debt problem – Budget Office
The Budget Office has stated that contrary to media reports of Nigeria having a debt problem, Nigeria’s revenue to GDP ...
Debt service: FG’s borrowings must be statutory 5% of previous year’s revenue – Peter Obi
Peter Obi has warned that it has become imperative to restrict Federal borrowings to the statutory 5% of the previous ...
Nigeria’s debt service pressure expected to persist in 2022 and beyond – Report
The Centre for the Promotion of Private Enterprises has stated that pressure from debt service is expected to persist in ...
