Business Nigeria to spend over half of projected 2026 revenue on debt servicing… Oluwadamilare Emmanuel Jun 18, 2026 The International Monetary Fund’s (IMF) has projected that Nigeria will spend more than half of its revenue on debt servicing in…
Business Every dollar spent on debt servicing reduces investment in critical sectors… Oluwadamilare Emmanuel May 14, 2026 President Bola Tinubu says Nigeria will spend $11.6 billion on debt servicing in 2026. The amount indicates a significant surge…
Debt servicing doubled, reaches N896 billion in three months – DMO… Reporter Jun 20, 2022 Nigeria's debt servicing bill has risen by 109 percent to N896.56 billion, according to statistics received from the Debt …
Nigeria spends N896.7bn on debt servicing in Q1’22 – Report Olusegun Kugbayi Jun 9, 2022 Nigeria spent N896.7 billion on domestic and foreign debt servicing in the first quarter of 2022, Q1’22 , representing a 12 per…
Debt servicing gulped N1.8tn in five months – FG Olusegun Kugbayi Jul 2, 2021 The Federal Government says it released N973.13bn for the implementation of capital projects contained in the 2021 budget between…
350 businessmen, firms owe AMCON N3.6tr Admin Newsclickng Jan 11, 2021 The Management of Asset Management Corporation of Nigeria (AMCON) has said 350 debtors owe it N3.6 trillion, an amount higher than…