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Nigeria spends N993.5bn on debt servicing in three months

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Nigeria spent almost N1tn on debt servicing payments in the first quarter of this year, the latest data obtained from the Debt Management Office have shown. The DMO had on Wednesday disclosed that the country’s total public debt increased to N33.11tn at the end of Q1 2021 from N32.92tn in December. It said the domestic…


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