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.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
Read full article
Continue on NairaMetrics
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria's External Debt Service Hits $932.1 Million in Q2 2025, Led by IMF and Eurobond
Nigeria Spends N8.93 Trillion on Debt Servicing, Straining Public Finances
Nigeria's Domestic Debt Service Hits N1.7 Trillion in Q2 2025 on Bonds, T-bills
Nigeria's Rising Debt Worries Persist Despite Reforms
Nigerian States Borrow ₦458 Billion Despite Increased FAAC Allocations
‘States’ debt service obligations threaten economic stability’
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
