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FOREIGN PAYMENTS

Economy

Debt servicing costs 63.56% of Nigeria’s $5.63 billion foreign payments in 2024

Debt servicing has emerged as a significant component of Nigeria’s foreign payment obligations in 2024, accounting for a staggering 63.56% of the total $5.63 billion foreign payments in nine months.

Tobi Tunji · Nov 14, 2024 3 min