Nigeria faces $6.4bn Eurobond repayment burden – World Bank

Nigeria faces $6.4bn Eurobond repayment burden – World Bank

Nigeria faces a $6.4bn sovereign Eurobond repayment burden between 2024 and 2030, ranking it third in sub-Saharan Africa, the World Bank has reported. Read More: https://punchng.com/nigeria-faces-6-4bn-eurobond-repayment-burden-world-bank/

Nigeria Faces $6.4bn Eurobond Repayment Burden Through 2030 — World Bank

Nigeria is facing a $6.4 billion sovereign Eurobond repayment burden between 2024 and 2030, placing the country among the three sub-Saharan African nations with the largest repayment exposures during the period. Only South Africa, with $11.8 billion in obligations, has a larger repayment burden, while Ghana is tied with Nigeria at $6.4 billion, according to […]

‎Nigeria Faces $6.4bn Eurobond Debt Repayment – World Bank - Economi Confidential

‎Nigeria faces a $6.4bn sovereign Eurobond repayment burden between 2024 and 2030, ranking joint third among the largest repayment exposures in sub-Saharan Africa, according to the World Bank.

$6.4 Eurobond debt: Nigeria faces higher cost of staying in the market

Nigeria faces a $6.4 billion Eurobond repayment burden through 2030, but the bigger challenge may be the rising cost of refinancing those obligations as shorter maturities and higher interest rates threaten to deepen pressure on government finances, the World Bank has warned.  The warning comes as Nigeria faces a $6.4 billion sovereign Eurobond repayment burden […]