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Domestic Debt Servicing Gulped N1.23tn in 2016 – DMO

The servicing of Nigeria’s domestic debt gulped N1.23tn in 2016, statistics obtained from the Debt Management Office (DMO) have revealed. The statistics showed that the highest interest payment of N839.79bn was made on funds borrowed using the instrument of FGN Bonds. Similarly, N335.58bn interest was paid...