Foreign debt payment to gulp $11.62bn in 10 years – DMO

Nigeria may have to grapple with the payment of $11.62bn in foreign debt in the next 10 years, a projection of the Debt Management Office has shown. The debt service payment over the 10-year period, 2017 to 2026, includes some principals that will fall due for redemption as well as interests that would have accumulated…

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