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Nigeria pays five times more for private external loans — W’Bank

Summary by Punch Newspapers
Nigeria paid 9.6% interest on new private external loans in 2025, five times more than the 1.9% from official lenders, a new World Bank report reveals.

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Nigeria pays five times more for private external loans — W’Bank

Nigeria paid 9.6% interest on new private external loans in 2025, five times more than the 1.9% from official lenders, a new World Bank report reveals.

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newscentraltv.comnewscentraltv.com

Nigeria’s Private External Loans Attract 9.6% Interest- World Bank

Nigeria’s external debt rose to $145.02billion in 2025, while private lenders charged an average interest rate of 9.6 per cent.

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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Punch Newspapers broke the news on Saturday, November 14, 2026.
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