August 3, 2025

Nigeria’s Public Debt

General

Nigeria’s Public Debt Projected to Surge to ₦160tn by December 2025

Nigeria’s total public debt may skyrocket to an estimated ₦160 trillion by the end of December 2025, amid continued borrowing by the Federal Government and rising debt servicing obligations. Financial analysts and economic experts have raised concerns following recent reports indicating a sharp rise in the country’s debt stock, which stood at ₦121.67 trillion as

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Business Economy

Nigeria’s Public Debt Hits ₦144.67 Trillion in 2024 Amid Exchange Rate Volatility

ABUJA — Nigeria’s total public debt has surged to a historic high of ₦144.67 trillion in 2024, representing a sharp increase from ₦97.34 trillion recorded in 2023, according to newly compiled figures tracing the country’s debt trajectory since 2010. However, the dollar equivalent of the debt load fell to $97.75 billion, down from $150.68 billion

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