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Nigeria’s expenditure on debt servicing in the first nine months of 2023 soared to ₦5.78 trillion, overshooting the budget’s projection by nearly ₦870 billion, as detailed...
The International Monetary Fund (IMF) has, amid reports that Nigeria may spend 100% of its revenue on debt servicing by 2026, acknowledged that there was an...
The World Bank has projected that debt servicing will gulp 123.4 percent of the Federal Government’s revenue in 2023. Naija News reports that the new World...