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Nigerian states debt

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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...

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States’ Borrowing Surges Despite Revenue Windfall

Ten Nigerian states have collectively increased their domestic debt by N417.7 billion year-on-year, even as allocations from the Federation Account Allocation Committee (FAAC)...