Nigeria’s foreign debt stood at $10.32 billion in the first six months of the year, up 10 percent from $9.38 billion in the same period of last year, the Debt Management Office, DMO, said yesterday.
Offshore debt in naira terms showed a 39.1 percent rise to N2.03 trillion, due to a weaker currency which lost 20.9 percent during the period, the government agency said.
The DMO said domestic debt stood at N8.39 trillion ($43 billion) by end-June against N7.42 trillion a year earlier.

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