US EditionNigeria’s Debt Servicing Reaches N1.3 Trillion in Two Months
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Nigeria’s Debt Servicing Reaches N1.3 Trillion in Two Months
The Federal Government’s debt servicing bill has hit N1.3 trillion in just two months, from December 2024 to January 2025. According to the latest economic report released by the Central Bank of Nigeria (CBN), the country spent N696 billion on debt servicing in December 2024 and another N696 billion in January 2025. This astronomical figure has raised concerns about the sustainability of Nigeria’s debt profile and the government’s ability to m…
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