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China’s Share of Nigeria’s Public Debt Now Stands at 3.8%, According to New Government Data

Source: Nigeria Debt Management Office. Image via The Cable.

Nigeria’s Debt Management Office (DMO) released updated figures this week on the country’s ballooning public debt. The country’s lending jumped by more than $3 billion in the three-month period from March to June. It now stands at $103.31 billion.

China’s share of that total has remained steady at $3.93 billion or 3.8% of the total.

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