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Nigeria’s Net Foreign Liabilities Rise To $85.21Bn – IMF

The International Monetary Fund (IMF) on Monday reported that Nigeria’s foreign liabilities stood at $187.36 billion while the country’s foreign assets amounted to $102.15 billion as of December 2020,. Foreign assets are the investment securities owned by a national government, companies, or citizens in foreign countries while foreign liabilities are assets owned by foreign governments, […]