Tag Archives: Nigeria’s Debt

Economy: Nigeria’s debt to China hits $4bn (N1.8trn) as FG borrowing grew by 209.15% under President Muhammadu Buhari.

  “Available data from the Debt Management Office revealed that Chinese loans make up 84.73 percent of the total amount Nigeria owes to other countries of the world. The remaining 15.27 percent is spread across France, Japan, India, and Germany” PEGASUS REPORTERS, LAGOS | APRIL 3, 2023 According to Punch Report on Monday, April 3, 2023, Nigeria’s total bilateral loans ...

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