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[BUSINESS] · Nigeria · 19 sources

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Part of situation: Nigeria public debt and World Bank financing trends (2 clusters)

Nigeria public debt rises to N166.79 trillion

Nigeria public debt Debt Management Office domestic debt external debt fiscal deficit

Nigeria’s total public debt stock rose to N166.79 trillion as of June 30, 2026, according to the Debt Management Office (DMO). This represents a 4.7% increase from the N159.35 trillion recorded at the end of March 2026.

In US dollar terms, the total debt reached $120.93 billion, up from $114.95 billion in March. The debt portfolio is comprised of N91.59 trillion in domestic debt (54.91%) and N75.20 trillion in external debt (45.09%). The Federal Government remains the primary debtor, accounting for approximately N152.77 trillion of the total, while states and the Federal Capital Territory hold N14.01 trillion.

Financial pressures persist as interest payments accounted for 56.5% of Nigeria’s external debt service bill between April and June 2026. Meanwhile, the government is seeking to diversify revenue, with non-oil revenue rising to N5.07 trillion in Q2 2026, driven by increases in corporate income tax and customs duties.

Entities

Central Bank of Nigeria · Debt Management Office · Federal Government of Nigeria · Nigeria · World Bank

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Nigeria's Public Debt Rises By ₦7. 44trn To N166. 79trn [ait.live]
Tinubu’s borrowing spree pushes Nigeria’s debt to N166. 79trn [businessamlive.com]
Public Debt Threatens Nigerias Sustainable Growth Goals [digitalchew.com]
FG seeks fresh $1. 5bn World Bank loan [platinumpost.news]
FG seeks fresh $1. 5bn World Bank loan [www.statepress.ng]
Investors Chase Nigerian OMO Bills With N6. 1trn Subscription [dmarketforces.com]
“Nigeria’s Total Public Debt Now Stands At $120. 93bn” — DMO, Says Debt Rose 4. 7% In Three Months [thenigerialawyer.com]
Nigeria’s Debt Rises To N166. 79tn As Interest Takes 56. 5% Of Q2 External Payments [www.arise.tv]
Nigeria’s Public Debt Hits $121 Billion as Debt-Service Pressure Persists [www.ecofinagency.com]
Nigeria's Debt Burden Reaches ₦716,822 Per Citizen as Economists and Atiku React [www.fellowpress.com]
Nigeria's Public Debt Hits N166. 79tn, Up N7. 44tn in Three Months [www.gistmania.com]
Nigeria’s Public Debt Hits N166. 8trn, Rises N7. 44trn in Three Months [newtelegraphng.com]
Nigeria’s Debt Rises by N7. 44trn in Three Months, Hits N166. 79trn [www.nigerianeye.com]
Concerns Over Nigeria’s Rising Public Debt, Renewed Economic Hardship [osundefender.com]
Nigeria’s Debt Hits N166. 79tn as Interest Accounts for 56. 5% of External Payments [www.thisdaylive.com]
Corporate tax, customs duties push non-oil revenue to N5. 07trn in Q2 [tribuneonlineng.com]
Nigeria’s public debt rises by N14. 39trn in one year to N166. 79trn [businessday.ng]
Delta drives N67. 6 billion rise in states’ domestic debt to N4. 59 trillion in Q2 2026 [nairametrics.com]
FG seeks fresh $1. 5bn World Bank loan [punchng.com]