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2 results for “interest payments”

Nigeria Rejects World Bank's .8 Billion Debt-Service Finding as Revenue Timing Dispute Deepens

The Finance Ministry says the World Bank's finding that debt interest reached 124% of federal revenue in H1 2026 excludes unremitted agency revenue and counts state loans, arguing the full-year ratio fell below 60% in 2025.

Tunde Balogun1 hr ago4 min read

Opinion & Analysis

Nigeria's Debt Maths: Why Interest Is Eating the Budget

Federal interest payments consumed 124.2% of federal revenue in the first half of 2026, a stark illustration of how debt service is squeezing out investment.

Amaka Obi3 min read