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Nigeria debt service
Economy

20 Nigerian States Secure N458bn Loans in 6 Months Despite Rising Debt Burden

At least 20 state governments across Nigeria resorted to new borrowings amounting to N458 billion in the first half of 2025, intensifying concerns...

EconomyTop stories

Nigerian States Face Sharp Rise in Foreign Debt Servicing in First Half of 2025

In the first six months of 2025, Nigerian states collectively spent about N235.58 billion on servicing external debts, a significant surge compared to...