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Nigeria plans N15trn on debt servicing in 2026 - CNBC

MAY 15, 2026

Nigeria is expected to spend about 15 trillion naira on debt servicing this year, underscoring mounting fiscal pressures on Africa’s largest economy. Meanwhile, the country’s Debt Management Office has listed the 47.36-billion-naira Series III Sovereign Green Bond due June 2030 on multiple exchanges. Joining CNBC Africa to discuss the implications of these events on Nigeria’s debt profile, Johnson Chukwu the CEO of Cowry Asset Management.

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