From $13,841.31 billion owed to the IDA in March, the figure increased to $14,027.20 billion at the end of June 2023.
It also owes IBRD the sum of $485.75 million as of June end.
Nigeria is also indebted to the multilateral lender- the International Monetary Fund (IMF) from $3,303.03 billion in March to $3,264.74 billion in June.
The African Development Bank (AfDB) is also one of Nigeria’s external creditors.
With a debt of obligation of $1.573 billion in March to the Pan-African development institution, the figure slowed down marginally to $1,551 billion in June
However, the African Development Fund loan grew slightly from $972.55 million in March to $980.86 million in June.
Nigeria owes the International Fund for Agricultural Development (IFAD) $265.51 million, while the Islamic Development Bank loans rose from $144.12 million in March to $153.36 million in June.
On the bilateral side, which accounts for 12.79 per cent of external debt, Nigeria’s indebtedness grew to $5.518 billion in June 2023, from $5.163 billion in March 2023.
