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Nigeria spent N5.28 trillion servicing its home debt in the primary half of 2026, with curiosity and rental funds accounting for N4.95 trillion.
Data launched by the Debt Management Office (DMO) on Thursday confirmed that the Federal Government additionally paid N333.96 billion in principal repayments on promissory notes between January and June.
The figures underscore the rising value of home borrowing as the federal government balances debt obligations with funding wants for infrastructure, social companies and different improvement priorities.
Ibrahim Sabo is an SEO expert and blogger from Yola, Adamawa State, Nigeria. He writes for NewsTime, where he covers news and trending stories with a focus on clear, accurate reporting that readers can trust. With hands-on experience in search engine optimization, Ibrahim understands how to make quality content easy to find. He combines keyword research, on-page optimization and audience-focused writing to help stories reach the people who need them. When he isn't writing or optimizing content, Ibrahim enjoys keeping up with the latest trends in digital publishing and sharing practical SEO knowledge with fellow bloggers.
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