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Nigeria owes $51.9bn in external debt, Eurobond investors top creditors

Nigeria’s external debt rose to $51.90 billion as of March 31, 2026, with Eurobond investors and the World Bank’s International Development Association (IDA) accounting for more than 70 per cent of the country’s total foreign debt. An analysis of data from the Debt Management Office (DMO) by Nairametrics showed that the external debt increased slightly from $51.86 billion at the end of December 2025. [...]