Fed Govt Debt Servicing Gulps N2.49trn In Nine Months – DMO   Nigeria spent N2.49tn on debt servicing payments in the first nine months of 2021, data obtained from the Debt Management Office have shown. Between January and March 2021, Nigeria spent N612.71bn on domestic debt servicing,...

FG’s Capital Market Debt Servicing Gulps N2.18trn In 10 Months   Servicing of debts acquired through instruments issued by the Federal Government in the Nigeria capital market totaled N2.18tn as of October 30, an analysis of data by our correspondent has shown. Data from listed debt instruments...

Debt Servicing Cost Rises To N2.9trn, Gulps 74% Of Revenue — FG   The Federal Government has said that it spent N2.89tn on debt servicing between January and August. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown...

Nigeria Spent N1.47trn On Debt Servicing In H1, 2021           Nigeria spent N1.47tn on debt servicing payments in the first half of 2021, data obtained from the Debt Management Office have shown. In the first quarter of the year, the country spent N1.02tn on both domestic and...

Nigeria Spent N445bn On Debt Servicing In Q2, Debts Hit N35trn           Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown. From April to June 2021, Nigeria spent N322.7bn on domestic...

Debt Servicing Gulps N11.679trn In Five Years             The federal government committed a total of N11.679 trillion into debt servicing while N8.31trillion was expended on capital/development expenditure between 2015 and 2020. A breakdown of the amount showed that in 2015 and 2016, N953.620 billion and N1.475...