Nigeria’s External Debt Servicing Soars to $2.01 Billion Over Four Months
Between January and April 2025, Nigeria expended approximately $2.01 billion on external debt servicing, marking a 50% surge compared to the $1.33 billion recorded during the same timeframe in 2024. This data, sourced from the Central Bank of Nigeria (CBN), underscores the nation’s steadfastness in fulfilling its international financial obligations and bolstering investor confidence. […]