Nigeria's Public Debt Reaches N152.4 Trillion
Nigeria's total public debt has increased to N152.40 trillion as of June 30, 2025, from N149.39 trillion at the end of March.
According to the Debt Management Office (DMO), this represents a quarterly increase of N3.01 trillion, equivalent to 2.01%. In dollar terms, the debt stock rose from $97.24 billion to $99.66 billion, reflecting a 2.49% increase.
- Nigeria's external debt stood at $46.98 billion (N71.85 trillion) in June, up from $45.98 billion (N70.63 trillion) in March.
- Multilateral lenders remain the largest creditors, with a combined exposure of $23.19 billion, accounting for 49.4% of external obligations.
- The World Bank, through the International Development Association, is the single largest creditor with $18.04 billion outstanding.
No direct quote available in the text.
Author's summary: Nigeria's public debt increases to N152.4 trillion by June 2025.
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