Nigeria's External Debt Servicing Slows to $2.86 Billion in 2025

Nigeria's external debt servicing slowed to $2.86 billion in the first eight months of 2025, according to the Central Bank of Nigeria (CBN). The country spent $2.86 billion on external debt servicing, accounting for a significant portion of total foreign payments during the period.

Despite a reduction in absolute debt service bills by $198 million, debt repayments still dominate Nigeria's external obligations. Monthly data shows fluctuations in debt payments, with varying amounts paid each month.

The data reflects Nigeria's ongoing efforts to manage its external debt obligations amidst economic challenges and changing payment structures.