Nigeria’s external debt hits $51.9bn as Eurobond investors top creditor list
Nigeria’s external debt stock has reached $51.9 billion, with investors holding the country’s Eurobonds now ranked as the largest single category of foreign creditors, according to The Sun Nigeria. The makeup of Nigeria’s overseas borrowing reflects a long-running shift away from concessional lending toward international capital markets. Eurobonds — dollar-denominated debt instruments issued by sovereign […]
Nigeria’s external debt hits $51.9bn as Eurobond investors top creditor list Read More »