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Nigeria Faces $1.12 Billion Eurobond and N100 Billion Sukuk Maturities in Late 2025

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Nigeria Faces $1.12 Billion Eurobond and N100 Billion Sukuk Maturities in Late 2025

Nigeria is set to meet major debt obligations by the end of 2025, including a $1.12 billion Eurobond and a N100 billion Sukuk bond. These maturities are crucial for the country's debt trajectory, with the Eurobond issued in November 2018 and the Sukuk bond aimed at funding infrastructure projects.

The Debt Management Office (DMO) data shows that Nigeria's debt service exceeded N5 trillion in the first half of 2025, raising concerns about the government's repayment strategies amidst growing debt pressures. The International Monetary Fund (IMF) plays a significant role as a creditor, with Nigeria heavily reliant on IMF credit facilities, highlighting the country's fiscal strain and exposure to foreign creditors.

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