external debt News

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• Nigeria External Debt Hits 51 Billion Dollars as Lagos and Kaduna Lead Subnational Borrowing

  Published: Apr 27, 2026

  Section: Africa

  Data from the National Bureau of Statistics reveals that Nigeria's total external debt climbed to 51 billion dollars (N74.43 trillion) in the fourth quarter of 2025. Lagos State re...

• President Tinubu Requests Senate Approval for $516 Million Loan to Fund Sokoto-Badagry Super Highway

  Published: Apr 23, 2026

  Section: Africa

  President Bola Tinubu has formally sought Senate authorization for a $516.3 million loan from Deutsche Bank to finance the initial sections of the 1,000-kilometre Sokoto–Badagry Su...

• Nigeria’s Public Debt Stock Surges to N159.28 Trillion as Domestic Borrowing Hits Record High

  Published: Apr 15, 2026

  Section: Africa

  Data from the Debt Management Office reveals that Nigeria's total public debt reached N159.28 trillion by the end of 2025, marking a 10.1% annual increase. Domestic obligations now...