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Nigeria’s private sector foreign debt rise 179.6%  to $54.5bn — World Bank

Nigeria’s private sector foreign debt rise 179.6%  to $54.5bn — World Bank
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By Babajide Komolafe The World Bank said that the foreign debt of Nigerian companies rose by 179.6 per cent in seven years to $54.48 billion in 2025 from $19.49 billion in 2018. This implies that Nigerian businesses now owe foreign lenders almost three times what they owed in 2018. The World Bank...

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