Concerns mount as external debt servicing gulps $2.01bn in 5 months

Sunnewsonline | 22-05-2025 05:11pm |

By Chinwendu Obienyi Nigeria’s external debt obligations are tightening the noose around its fragile economy, as the country spent a staggering $2.01 billion on external debt servicing between January and April 2025. This represents a 50 per cent increase compared to the $1.33 billion recorded during the same period last year. Latest figures from the [...]The post Concerns mount as external debt servicing gulps $2.01bn in 5 months appeared first on The Sun Nigeria.

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