nigeria debt

https://www.newtelegraphng.com/22-7bn-loan-nigeria-wont-meet-debt-service-obligation-experts/

The Debt Management Office (DMO) says Nigeria’s total debt rose to N22.4 trillion in the first half of the 2018 financial year. This represents a three percent increase from the N21.68 trillion recorded at end of December 2017. READ MORE HERE

In 2006, Nigeria paid about $12.4bn to its foreign creditors in other to enjoy the $18bn debt write off, from the country’s total external debt of about $30bn. Nigerians heaved a sigh of relieve from the crippling debt overhang. However, since 2010, Nigeria's debts have been increasing at an...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the debt burden of the 36 states. The information was contained in the third edition of NEITI Quarterly Review, summarised in a statement by Ogbonnaya Orji, NEITI director of information. The document showed...