Nigeria’s total public debt has risen to N152.40 trillion, a N3.01 trillion increase from March figures, according to new data from the Debt Management Office (DMO).
Nigeria’s total public debt reached N152.40 trillion as of June 30, 2025, rising by N3.01 trillion from N149.39 trillion recorded in March, according to the Debt Management Office (DMO). The increase represents a 2.01 per cent growth within three months.
The DMO report showed that the Federal Government accounted for N141.08 trillion, representing 92.6 per cent of total public debt. External borrowings stood at N64.49 trillion, while domestic obligations reached N76.59 trillion.
Nigeria’s external debt rose to $46.98 billion in June, with the World Bank remaining the largest creditor at $18.04 billion. Multilateral lenders accounted for nearly half of the external portfolio, while Eurobonds made up 36.9 per cent.
Domestically, total debt climbed to N80.55 trillion, dominated by Federal Government bonds worth N60.65 trillion. The DMO attributed the increase to continuing fiscal pressure and efforts to fund critical reforms amid constrained revenue mobilisation.