Debt Servicing Consumes Over 70% Of Nigeria’s International Payments

Nigeria Allocates $5.2 Billion to External Debt in 2025 NIGERIA spent about $5.21 billion on servicing its external debt obligations in 2025, according to data released by the Central Bank of Nigeria (CBN). This figure accounts for more than 72 per cent of the country’s total international payments during the year, underscoring the growing burden […]

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