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Nigeria Spent N5.28 Trillion Servicing Domestic Debt in H1 2026
Finance

Nigeria Spent N5.28 Trillion Servicing Domestic Debt in H1 2026

The Debt Management Office reported that the Federal Government spent N5.28 trillion servicing domestic debt between January and June 2026, with interest and rentals accounting for N4.95 trillion, spotlighting the cost of a borrowing strategy weighted towards short-dated securities.

Musa Abdullahi3 min read