Nigeria debt 2025
Fresh $24bn Borrowing Set to Push Nigeria’s Debt to N183tn
Nigeria’s public debt is poised for another historic leap as President Bola Tinubu seeks National Assembly approval to borrow an additional $24.14 billion in foreign loans. Economists, opposition leaders, and civil society groups are raising alarm over what could become the most significant debt surge in the country’s modern history, potentially pushing Nigeria’s total public […]
FG, States Pile Up N57tn Debt in 18 Months
Nigeria’s public debt profile has expanded significantly under the administration of President Bola Tinubu, with a staggering N57.3 trillion added within just 18 months, according to fresh data from the Debt Management Office (DMO). This 65.6% spike has pushed the country’s total debt from N87.38tn as of June 2023 to N144.67tn by the end of […]