Thursday, March 4, 2021

ICYMI: Nigeria Has $5.83Bn Undisbursed Foreign Loans – DMO

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The Debt Management Office says

Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed.

The DMO on its portal showcased a number of foreign loans that were to be disbursed as of December 31, 2020.

The disbursement of the loans will take the country’s total foreign debt commitment to more than $37.8bn and the country’s external debt as of September 30, 2020 stood at $31.99bn.