Nigeria’s total public debt stock rose to ₦149.39 trillion as of March 31, 2025, representing a year-on-year increase of ₦27.72 trillion or 22.8 percent when compared...
Nigeria spent $817.4 million (N1.26 trillion) on debt servicing between January and February 2025, according to new figures released by the Central Bank of Nigeria (CBN)....
The Debt Management Office (DMO) has successfully raised N669.94 billion in the January 2025 Federal Government of Nigeria (FGN) bond auction. Confirming the results, the DMO...
Nigeria’s debt profile continues its upward trajectory with total debt stock rising to N134.30 trillion by the end of the first half of 2024, according to...
Nigeria has been identified as the third-largest debtor to the World Bank’s International Development Association (IDA), with a total debt of $17.1 billion as of September...
President Bola Tinubu’s administration has formally requested the approval of the Nigerian Senate for a borrowing plan totaling $8.6 billion and €100 million. The request was...
According to Nigeria’s Debt Management Office (DMO), total public debt increased by 75% q/q or N38.5trn to N87.4trn at end-June ’23. On a y/y basis, public...
This unprecedented debt stock is expected to climb higher as the government implements significant reforms aimed at increasing its revenue base and fulfilling its promises
Nigeria's domestic debt servicing costs surged to N874.13 billion, while its expenditure on external debt servicing soared to $801.36 million (equivalent to N368.87 billion)
Nigeria’s external debt to the World Bank has increased by more than 120% under President Muhammadu Buhari’s administration, according to data released by the Debt Management...