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

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

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Foreign debt held by Nigerian private-sector companies increased 179.6% over seven years, reaching $54.48 billion in 2025 compared with $19.49 billion in 2018. The World Bank reported the figures, highlighting a sharp rise in corporate external borrowing.

The World Bank said that the foreign debt of Nigerian companies rose by 179.6% in seven years to $54.48bn in 2025 from $19.49bn in 2018. The post Nigeria’s private sector foreign debt rise 179.6%  to $54.5bn — World Bank appeared first on Vanguard News.

World Markets Nigeria private-sector debt foreign borrowing World Bank corporate finance external debt

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