Nigeria's Public Debt Surges to N152.40 Trillion in Q2 2025
Nigeria's total public debt hit N152.40 trillion by June 30, 2025, showing a notable increase of N3.01 trillion in three months. The Debt Management Office (DMO) data reveals a 2.01% rise from N149.39 trillion recorded in March 2025.
The country's debt profile includes both domestic and external debts, with the federal government relying on borrowing to cover fiscal shortfalls. The external debt rose to N71.85 trillion, with institutions like the World Bank, African Development Bank, IMF, and IsDB being major creditors.
Domestically, the debt stood at N80.55 trillion, with federal government bonds dominating.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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