FG Spent $15bn on Debt Servicing Over Five Years — CBN Report
According to the most recent data from the Central Bank of Nigeria (CBN), the Federal Government has spent a total ...
Tuesday, November 26, 2024
Tag: Debt servicing
FG deducts N415bn state allocations for debt servicing
The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by The ...
Nigeria, others spend $441bn on debt servicing – World Bank
Nigeria and other developing countries have spent about $441bn on debt-serving in the past 40 years, according to a new ...
Personnel costs, debt servicing exceeded govt 2022 revenue – W’Bank
The Federal Government’s spending on personnel costs and debt servicing exceeded total revenues in 2022, the World Bank has stated. ...
Debt servicing hits $112m monthly, says CBNDebt servicing hits $112m monthly, says CBN
The Federal Government spent $112.35m servicing external debt in January 2023, according to findings by The PUNCH. Data from the ...
Debt servicing rose by 14.68% in 2022 – DMO
Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in 2022, data from the Debt Management Office has ...
Debt servicing to gulp 123% of 2023 revenue
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023. ...
