Debt Servicing
FG plans to spend more on debt servicing than capital expenditures in three years
Business & Economy
November 19, 2024
FG plans to spend more on debt servicing than capital expenditures in three years
The Federal Government plans to allocate a significant portion of its budget to debt servicing between 2025 and 2027, outpacing…
Debt servicing costs 63.56% of Nigeria’s $5.63 billion foreign payments in 2024
Business & Economy
November 14, 2024
Debt servicing costs 63.56% of Nigeria’s $5.63 billion foreign payments in 2024
Debt servicing has emerged as a significant component of Nigeria’s foreign payment obligations in 2024, accounting for a staggering 63.56%…
World Bank says Africa’s public debt to drop in 2024
Business & Economy
May 16, 2024
World Bank says Africa’s public debt to drop in 2024
The World Bank Group has predicted a positive trend for African countries, noting that their public debt will drop in…