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Nigerian govt loses N2.34trn to debt service in six months, as loan burden grows

Within six months of 2023, over N2.34 trillion was spent by the Federal Government of Nigeria to service the country’s debt, which rose to...

Nigeria, other developing countries’ debt-service worries World Bank

The World Bank has expressed concern over rising debt-service in Nigeria and other developing economies. The international creditor said the external debt of these...

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