…as Nigeria spends $6bn in 5 years The disturbing upward trajectory of Nigeria’s debt servicing is raising sustainability questions among financial experts, who are mindful of...
Nigeria’s Federal Government spent $2.2bn on debt servicing in the first five months of this year, according to data from the Central Bank of Nigeria (CBN)....
The cost of servicing Nigeria’s debt surpassed federal government’s retained revenue by N310 billion in the first four months of 2022, between January and April. This...