
Nigeria Is Owing China, France, Three Other Countries $4.26bn
LAGOS DECEMBER 5TH (NEWSRANGERS)-Nigeria’s debt to China, France, Japan, India and Germany rose to $4.26bn as of June 30, 2021 from $3.85bn at the end of 2019, according to data obtained from the Debt Management Office. An analysis of the data showed that the country spent $402.74m in the 18-month period servicing bilateral loans, even…