Nigeria’s public debt rises to N166.7 trn

Vanguard News | 26-09-2026 11:02pm |

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 an increase of N7.44 trillion from N159.35 trillion recorded at the end of the first quarter of the year. The breakdown showed that domestic debt accounted for N91.59 trillion, or 54.91 per cent of the total portfolio, while external debt made up the balance. In dollar terms, the country's total public debt stood at $120.93 billion, comprising $54.52 billion in external debt and $66.41 billion in domestic debt.

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