• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria's Public Debt Hits N46.25trn ($103.11bn) - DMO

Nigeria’s Bilateral Loans Rise By 145% In Five Years

4 years ago
Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

2 hours ago
France Gets New Prime Minister After Bayrou’s Resignation

France Gets New Prime Minister After Bayrou’s Resignation

3 hours ago
Bodies Of Migrants Found In Tunisian Desert After Expulsions

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

5 hours ago
MWC Kigali
At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

21 hours ago
Aid Cuts Dominate Talks At Africa Climate Summit

Aid Cuts Dominate Talks At Africa Climate Summit

23 hours ago
Wednesday, September 10, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    UK: Deputy PM Blames “Inaccurate” Advice For Tax Error

    UK Deputy Prime Minister Quits Over Tax Error

  • Economy
    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    African Leaders Demand Climate Justice At Ethiopia Summit 

    African Leaders Demand Climate Justice At Ethiopia Summit 

    Auto Draft

    Kenya: 66,000 Jobs At Risk As AGOA Deal Ends

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB President Unveils Four Urgent Priorities For First 100 Days In Office

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe To Commence Export Of Blueberry To China

    Goldman

    Nigeria: Naira Records Third Consecutive Appreciation Against US Dollar

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    France Gets New Prime Minister After Bayrou’s Resignation

    France Gets New Prime Minister After Bayrou’s Resignation

    At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

    Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    Ivory Coast: Former First Lady Cleared To Contest Presidential Election

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    US Deports Sierra Leone Coup Figure Charles Mbayo Over Human Rights Crimes

    Uganda: “Missing” Student Jailed Over TikTok Video Criticizing President Yoweri

    Uganda: Opposition Figure Arrested In Court During Colleagues Bail Hearing

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Burundi’s Nibigira Emerges President Of Central Africa’s Regional Bloc

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Senegal: Government Reshuffles Cabinet Amid Economic Tension

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    Japan: Prime Minister Shigeru Ishiba Resigns After Party’s Electoral Woe

    UK: Deputy PM Blames “Inaccurate” Advice For Tax Error

    UK Deputy Prime Minister Quits Over Tax Error

  • Economy
    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

    African Leaders Demand Climate Justice At Ethiopia Summit 

    African Leaders Demand Climate Justice At Ethiopia Summit 

    Auto Draft

    Kenya: 66,000 Jobs At Risk As AGOA Deal Ends

    Africa’s Super Banker Resumes As AfDB President, Promises To Harness Africa’s Youthful Energy, Chart Bold Compass For Transformation

    AfDB President Unveils Four Urgent Priorities For First 100 Days In Office

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    AfCFTA Key To Shielding Africa From Global Trade Shocks – Mene

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Registration Opens For MWC25 Kigali, Africa’s Biggest Connectivity Event

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe To Commence Export Of Blueberry To China

    Goldman

    Nigeria: Naira Records Third Consecutive Appreciation Against US Dollar

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria’s Bilateral Loans Rise By 145% In Five Years

September 8, 2021
in Economy, Top Stories
0
Nigeria's Public Debt Hits N46.25trn ($103.11bn) - DMO

Director General of Nigeria's Debt Management Office, Ms Patience Oniha.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani

Data on external loans obtained from the Debt Management Office (DMO) reveals that Nigeria’s loans from China, France, Japan, India and Germany rose from $1.66bn as of December 31, 2015 to $4.06bn as of December 31, 2020, signifying an increase of $2.4bn or 144.58 per cent in five years.

Relatedreading

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

France Gets New Prime Minister After Bayrou’s Resignation

As of December 31, 2015, Nigeria had borrowed $1.44bn from China’s Exim Bank of China, $157.95m from France’s Agence Francaise Development, $43.88m from the Japan International Cooperation Agency and $11.44m from Germany’s Kreditanstalt Fur Wiederaufbua, making a total of $1.66bn.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

The total indebtedness to these countries rose by $26m to $1.92bn by December 31, 2016 with Nigeria owing China $1.64bn, Japan $198.25m, France $70.66m, and Germany $11.09m.

It further rose by $45m to $2.37bn by December 31, 2017 with Nigeria owing China $1.93bn, Japan $274.98m, France $73.45m, and Germany $92.59m.

For the first time, Nigeria borrowed from India in 2018, a total of $14.79m.

By the end of that year, loans from the five countries rose by $72m to $3.09bn, with Nigeria owing China $2.49bn, Japan $344.63m, France $75.16m, and Germany $172.02m.

In December 2019, loans from the five countries rose by $76m to $3.85bn with Nigeria owing China $3.18bn, Japan $361.75m, France $$76.13m, India $32.14m, Germany $202.27m.

Nigeria’s debt profile from the five countries increased by $21m to $4.06bn as of December 31, 2020.

By the end of 2020, Nigeria owed China $3.26bn, Japan $493.71m, France $80.20m, India $37.00m, and Germany $184.32m.

Within the stated period, Nigeria’s indebtedness to China rose by $1.82bn or 126.39 per cent; for France, it rose by $335.76m or 212.57 per cent, while for Japan, it rose by $36.32m or 82.77 per cent, and for Germany, it rose by $172.88m or 1511.19 per cent.

For India, from 2018 to 2020, Nigeria’s debt profile rose by $22.21m or 150.17 per cent.

Bilateral debts make up 15.47 per cent of Nigeria’s total external debts as of December 31, 2015, with a total of $1.66bn, while by December 31, 2020, it made up 12.17 per cent, with a total of $4.06bn, showing a total increase of $2.4bn or 144.58bn.

Tags: Agence Francaise DevelopmentDebt Management Office (DMO)Exim Bank of ChinaJapan International Cooperation AgencyKreditanstalt Fur Wiederaufbua
ShareTweetSend
Previous Post

Saudi Arabia Cut Oil Production To Help Nigeria – Buhari

Next Post

We Are Worried About Dollar Supply, Not Forex Valuation – CBN

Related Posts

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

September 10, 2025
France Gets New Prime Minister After Bayrou’s Resignation

France Gets New Prime Minister After Bayrou’s Resignation

September 10, 2025

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

Aid Cuts Dominate Talks At Africa Climate Summit

Ivory Coast: Former First Lady Cleared To Contest Presidential Election

Next Post
Central Bank Boss Apologises To Nigerians Over Electronic Transaction Mishaps

We Are Worried About Dollar Supply, Not Forex Valuation – CBN

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

September 10, 2025
France Gets New Prime Minister After Bayrou’s Resignation

France Gets New Prime Minister After Bayrou’s Resignation

September 10, 2025
Bodies Of Migrants Found In Tunisian Desert After Expulsions

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

September 10, 2025
At Washington Meeting, Trump Confronts Ramaphosa With Video Evidence Of “Genocide” Against Whites

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

September 9, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Court Jails 7 Chinese Nationals Over Abduction, Forced Labour In South Africa

September 10, 2025

France Gets New Prime Minister After Bayrou’s Resignation

September 10, 2025

Illegal Migration: Children Among Dead As Migrant Crossings Soar Past 30,000 In UK

September 10, 2025

Trump Not Attending G20 Summit Taking Place First Time In Africa — White House

September 9, 2025

Aid Cuts Dominate Talks At Africa Climate Summit

September 9, 2025

Ivory Coast: Former First Lady Cleared To Contest Presidential Election

September 9, 2025

South Africa: Ramaphosa Sends Officials On Trade Negotiation Trip To US

September 9, 2025

Ethiopia Unveils Africa’s Largest Dam Amid Egypt Tensions

September 9, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In