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South Africa, Egypt, Nigeria Hold One-Third of Africa’s External Debt – Report

A new report by the African Export-Import Bank (Afreximbank) has revealed that three African economic giants—South Africa, Egypt, and Nigeria—are responsible for more than...

Nigeria Shells Out $2bn on External Debt in Just Four Months

Nigeria’s external debt servicing has surged dramatically in the first four months of 2025, with the country spending approximately $2.01 billion on external debt...

FG, States Pile Up N57tn Debt in 18 Months

Nigeria’s public debt profile has expanded significantly under the administration of President Bola Tinubu, with a staggering N57.3 trillion added within just 18 months,...

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