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Tag Archives: Debt Service Obligation

FG Spent N1.03 Trillion on Debt Servicing in Q1 2021 – CBN

FG Spent N1.03 Trillion on Debt Servicing in Q1 2021 - CBN

The Central Bank of Nigeria (CBN) has said Federal Government spent N1.03trillion on debt servicing in the first quarter (Q1) of 2021 compared with N779.73 billion in the corresponding period of 2020. The apex bank in its Economic Report for April 2021 attributed the surge in the government’s debt servicing …

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