NEWS: Nigeria Successfully Repays Some Loans Collected From IMF, China, France, Japan, Germany, Others

Nigeria Successfully Repays Some Loans Collected From IMF, China, France, Japan, Germany, Others

New data from the DMO shows that in six months, Nigeria has made partial repayments on loansThese repayments were made to financial institutions, including the International Monetary Fund and various countriesDespite these payments, Nigeria still faces a substantial debt burden, now exceeding N130 trillion following recent borrowings

Dave Ibemere, a journalist at Henzodaily.ng, has been reporting on business for over ten years. He has deep knowledge of the Nigerian economy, stock market,…

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