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 and Ghana jointly face a $6.4bn burden of sovereign Eurobond repayments between 2024 and 2030, according to the World Bank's October 2026 Africa Economic Update. South Africa tops the list with $11.8bn. The report stated that sovereign Eurobond principal maturing across 13 sub-Saharan African countries during the same period totaled about $43.6bn.
Nigeria's $6.4bn exposure accounts for 14.7% of the region's total maturity burden. The repayment burden arises amid higher borrowing costs for African sovereigns returning to international markets due to global monetary tightening.
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