FG’s spending on domestic debt service falls 38% to $405.3m

FG’s spending on domestic debt service falls 38% to $405.3m

By Elizabeth Adegbesan The Federal Government’s spending on debt service payments fell year-on-year (YoY) by 38.5 percent to $405.3 million in January 2026 from N659.7 million in the corresponding period of 2025. Analysis of data contained in the Central Bank of Nigeria’s, CBN, International Payment report showed that the downward trend also reflected in the federal […] The post FG’s spending on domestic debt service falls 38% to $405.3m appeared first on Vanguard News.

By Urowayino Jeremiah