22
May
May
Nigeria Spends $2.01bn on External Debt Repayment in Four Months
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admin / 10 months
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- 2 min read
Nigeria increased its external debt repayment by 49 per cent year-on-year, according to recent international payment data from the Central Bank of Nigeria (CBN). Between January and April 2025, the Federal Government spent $2.01 billion servicing foreign debt, up from $1.33 billion during the same period in 2024. Debt servicing accounted for 77.1 per cent […]