Fitch, a global rating agency, has projected that Nigeria's external debt service bill will increase to $5.2 billion this year.
According to the Debt Management Office (DMO), Nigeria's external debt service was $1.07 billion as of December 2024.
In its rating commentary on Nigeria, published on Ap
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.