Nigeria debt

Economy

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 its revenue on servicing debt in 2021, but South Africa spent...

ByBusinessTodayNGMay 16, 2022

Economy

Nigeria’s Debt Stock Hits N42.7tn, Senate Okays Fresh $16bn Loans

Nigeria’s debt stock of N35.5tn will rise to N42.7tn following the Senate’s approval of the Federal Government’s request for $16bn and €1.02bn fresh...

ByBusinessTodayNGNovember 11, 2021

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Nigeria Spends 86% Of Revenue On Debt Servicing, South Africa Pays 20%

Nigeria’s Debt Stock Hits N42.7tn, Senate Okays Fresh $16bn Loans

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