Nigeria has repaid $12.56 billion of its external debt in 15 years

Nigeria repaid an average of $368m in external debt every year between 2008 and 2017. In 2018, the payments increased by 217% to $1.47b from $464m in 2017, then dropped by 9.4% in 2019, and has since been on the rise. Here are Nigeria's external debt repayments since 2008.

Source:

Debt Management Office

Period:

2008 - 2022
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Key takeaways:
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