May 9, 2021
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Nigeria owes multilateral institutions, commercial $27 bln debts

by on September 14, 2020 0
Samuel Bankole Nigeria is currently owing multilateral institutions about $16.36 billion in outstanding debt as of June 30, 2020, and this represents 51.97 percent of the country’s external debt. According to data from the Debt Management Office (DMO), the country’s indebtedness to bilateral institutions also amounted to $3.95 billion or 12.54 percent of its... Read More