Sunday, July 6, 2025

DEBT

DEBTTOP STORY

DMO puts Nigeria’s external debt servicing at $1.08bn in Q4 2024

The external debt service obligations of Nigeria rose to $1.08 billion in Q4 2024, representing a significant rise from the previous quarter. The Debt Management Office (DMO) disclosed this in its latest data. Nigeria’s total debt service costs climbed to N3.57 trillion in the third quarter of 2024, up by...
DEBTTOP STORY

FEC approves $2.2bn external borrowing plan – Edun

Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, made this known while briefing newsmen after the FEC meeting on Wednesday at the Presidential Villa, Abuja. “We just...
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