
Nigeria’s domestic debt service gulps N2.1trn, highest on record
Nigeria spent a sum of N2.05 trillion to service its domestic debts in the year 2021, representing an increase of 10.8 percent compared to the N1.85 trillion incurred in the previous year. According to the report on Nigeria’s debt service, released by the Debt Management Office (DMO), the amount spent on servicing domestic debts in 2021 is the highest on Read More