Foreign Debt

News

Lagos, Gombe, Imo Lead As States’ Foreign Debts Near $6bn Despite Higher FAAC Allocations

THIRTY-TWO states and the Federal Capital Territory accumulated nearly $1bn in fresh external loans in 2025, pushing subnational foreign debt sharply higher despite.

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News

Lagos, Kaduna, Bauchi Lead As States Pay N455bn To Service Foreign Loans

STATE governments across Nigeria paid a total of N455.38bn in foreign debt service in 2025, marking a significant increase from the N362.08bn recorded.

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News

Debt Pressure Mounts As Federal Government Misses Revenue Target By 31%

THE federal government on Monday announced a revenue performance of N6.9 trillion in the first quarter (Q1) of 2025, representing a 33 percent.

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