NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Economy Archive

Economy

Macro trends, prices, rates, labour conditions, and trade signals that frame the economic story around Nigeria.

Nigeria to spend $11.6bn on debt servicing in 2026, up 130% from 2025

Economy

Nigeria to spend $11.6bn on debt servicing in 2026, up 130% from 2025

May 13, 2026 • By Yakubu Ibrahim

PRESIDENT Bola Tinubu has disclosed that Nigeria will spend about $11.6 billion on debt servicing in 2026, representing nearly half of the country’s projected revenue, as he criticised the global…