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Worry over Nigeria s alleged to $5 07b Chinese loan repayment default — Business — The Guardian Nigeria News – Nigeria and World News

There has been disquiet over a recent report alleging that Nigeria has defaulted on Chinese loan repayment and stands the risk of paying a penalty amounting to N41.31 billion.

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Nigeria Defaults In Debt Repayment To China, Penalties Stand At N41 31bn

Nigeria has failed to service its debt to China which has accumulated to N110.31 billion in the last two years. According to report by the Debt Management Office (DMO), the China debt stock included the principal and repayment charges. DMO said that from January 2021 to December 2022, the principal fee stood at N69, 009,417,500 |

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Nigeria defaults in debt repayment to China – The Sun Nigeria

Nigeria defaults in debt repayment to China – The Sun Nigeria
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Nigeria s loans from China increases by…… DMO – Ben Television | Breaking – Nigeria, Africa and World Top News

Nigeria s loans from China increases by…… DMO – Ben Television | Breaking – Nigeria, Africa and World Top News
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Nigeria s debt to China highest at $4bn ahead of borrowings from Japan, France, India, Germany

Nigeria s debt to China highest at $4bn ahead of borrowings from Japan, France, India, Germany
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