Nigeria: For every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed

Nigeria's debt burden has been a growing concern, with data revealing that for every $1 billion external loan repaid in the past decade, approximately $3 billion was borrowed. Here, we look at how the country has managed its external debt in the past ten years.

Source:

Debt Management Office

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Period:

2013 - 2022

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