Eurobonds account for a fifth of Nigeria’s foreign debt of $66.6 bln

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LAGOS – Eurobonds make up more than a fifth of Nigeria’s total foreign debt portfolio of $66.63 billion as of September and more than half of interest paid in the third quarter, the Debt Management Office (DMO) said on Wednesday. Foreign debt stood at $59.82 billion a year earlier.

The DMO said domestic debt stood at 20.37 trillion naira ($67 billion) by Sept compared with 16.88 trillion naira last year.

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