Nigeria spent a total of N13.12tn on debt servicing in 2024, representing a 68 per cent increase from the N7.8tn recorded in the previous year, according to an analysis of fresh data from the Debt ...

Data from the Central Bank of Nigeria’s (CBN) International Payments Report shows that the federal government spent $540.7 million on debt servicing in January 2025 and $276.7 million in ...