Nigeria Shells Out $2.86 Billion on External Debt in Just Eight Months – Monthly Breakdown Inside!
Between January and August 2025, Nigeria allocated $2.86 billion towards servicing its external debt, as reported by the Central Bank of Nigeria (CBN) through international...
Between January and August 2025, Nigeria allocated $2.86 billion towards servicing its external debt, as reported by the Central Bank of Nigeria (CBN) through international payment statistics released on Wednesday. This amount accounts for 69.1% of the nation’s total foreign payments, which stood at $4.14 billion during the same timeframe. When compared to the corresponding...