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Tag: servicing

Debt servicing gulps N2.34tn in six months – DMO

Nigeria’s debt servicing spending slowed to N849.58bn in the second quarter of…

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Servicing debt with 90% revenue path to destruction — Tinubu

President Bola Tinubu has said the country could not continue to service…

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Railway debt servicing gulped $63m in Q1, says DMO

The Federal Government spent $62.66m to service railway-related debts in the first…

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Q1 2023 debt servicing rose to N1.24tn –Report

Nigeria’s debt servicing cost has increased by 55.71 per cent to N1.24tn…

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FG spent N408.5bn on debt servicing in February – Report

The Federal Government spent 85.37 per cent of its revenue servicing debt…

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Debt servicing hits $112m monthly, says CBN

The Federal Government spent $112.35m servicing external debt in January 2023, according…

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Debt servicing rose by 115% in 2022 –DMO

Nigeria’s debt servicing bill went up by 115 per cent to N3.36trn…

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FG projects 82% of revenue for debt servicing – Report

The International Monetary Fund says the Federal Government has projected to spend…

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Infrastructure budget shrinks as security, debt servicing gulp N9.29tn

SAM OLATUNJI examines the reasons behind government’s inability to finance infrastructural development…

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Nigeria’s debt to hit N77tn, loan servicing gulps N5.2tn

Nigeria’s public debt burden may hit N77tn if the National Assembly approves…

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