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Nigeria’s National Debt Rises to $37 Billion, BusinessDay Says

By Emele Onu - Jul 20, 2011

Nigeria’s total debt stock stood at $37 billion at the end of June, or about 19 percent of gross domestic product, Lagos-based BusinessDay reported, citing Abraham Nwankwo, the director general of the debt management office.

To contact the reporter on this story: Emele Onu in Lagos at eonu1@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

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