Nigeria owes China $5.7bn in bilateral loans —World Bank
Africa’s most populous nation Nigeria owed China $5.67bn in bilateral external debt as of the end of 2025, accounting for about 85 per cent of its total $6.68bn obligations to foreign governments, according to the World Bank. Read More: https://punchng.com/nigeria-owes-china-5-7bn-in-bilateral-loans-world-bank/
Nigeria's external debt to China reached $5.67 billion by the end of 2025, making up roughly 85% of the country's $6.68 billion bilateral debt to foreign governments, according to the World Bank. This positions China as Nigeria's largest bilateral creditor, surpassing France, with whom the nation owed $774 million. Other bilateral creditors contributed $237 million.
The World Bank's International Debt Report for 2026 highlighted that Nigeria's total external debt stock surged by 6.6% to $145.02 billion in 2025, up from $136.05 billion in 2024.
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