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IMF WORRIES ABOUT NIGERIA'S DEBT
Nigeria’s external debt hits a 16 year high of $27 billion in December 2019 just higher than the $20.8 billion in external debt level as at 2005.
Nigeria's ability to repay its N24.39 trillion debt is in question after the @IMFNews (International Monetary Fund) expressed concern about the rollover risks, arguing Nigeria's capacity to refinance might drop in the future.