Nigeria’s 118.9% debt service/revenue ratio worst in the world, says EIU
Onome Amuge
July 28, 2022
By Onome Amuge. Nigeria’s debt service-to-revenue ratio, which stood at a staggering 118.9 percent from January to April, has been
CBN data show Nigeria’s debt service repayment up 45% to $101m in January
Charles AbuedeMay 11, 2022
BY CHARLES ABUEDE Nigeria’s Central Bank disclosed in new data obtained from its site that the Nigerian government spent $101 million
‘Expect large local borrowings by govt’
Businessam StaffMay 26, 2020
The federal government will embark on a lot of domestic borrowings to finance the budget due to the impact of the COVID-19 pandemic.
Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN
Businessam StaffNovember 5, 2019
By Omobayo Azeez The federal government of Nigeria spent $1.09 billion, an equivalent of N387 billion, between January and September