Railway debt servicing gulps N246bn, NRC revenue tumbles
The Federal Government spent $548.67m (N246.11bn using the official exchange rate of…
Debt servicing to gulp 123% of 2023 revenue
The World Bank has projected that debt servicing will gulp 123.4 per…
Sukuk bond debt servicing jumps by 306%
The amount paid on rentals for Sukuk bonds has risen from N8.17bn…
Debt servicing gulps N6.16tn in 16 months
Debt service gulped N6.16tn in 16 months, according to the 2023-2025 Medium…
Debt servicing gulps N13.17tn under Buhari, education suffers
• FG budgets N4tn for education in seven years, sector loses 837…
Debt servicing to hit N10.43tn, economists slam FG
The Federal Government has projected that debt servicing will cost N10.43tn by…
Innoson sues Imo govt over debt servicing
Nigeria’s indigenous vehicle manufacturing company, Innoson Vehicles Manufacturing, has filed over N2.5bn…
Debt servicing doubles, hits N896bn in three months – DMO report
Nigeria’s debt servicing bill has increased by 109 per cent to N896.56bn,…
Debt servicing may gulp 100% of FG’s revenue by 2026, IMF warns
Sami Olatunji, Abuja Published 31 May 2022 The International Monetary Fund has…
Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
…analysts say Nigeria’s debt too expensive Nigeria spent 86 per cent of…
