Tag: #NigeriaDebt
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DEVELOPING COUNTRIES’ EXTERNAL DEBT HITS RECORD $9.4TRN IN 2025 – WORLD BANK
The external debt of developing countries rose by 5.5 per cent to a record $9.4 trillion in 2025, marking the fastest increase since 2021, according to the World Bank Group’s International Debt Report (IDR) 2026. The report, released on Thursday, November 5, 2026, said the increase was about four times the average recorded between 2022…