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External debt servicing rises to $2.78bn — CBN report

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Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, up from the $1.81bn recorded in the same period in 2023. This was disclosed in the Weekly International Payments data available on the Central Bank of Nigeria’s website. CBN data showed that external debt servicing

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