Nigeria’s External Debt Rises To $145bn As World Bank Flags Costly Borrowing

File photo: A view of Abuja.
File photo: A view of Abuja. Photo: Chuks Zilo / CC BY-SA 4.0, via Wikimedia Commons

Nigeria’s external debt stock increased to $145.02bn at the end of 2025, representing a 6.6 per cent rise from the previous year, according to the World Bank’s International Debt Report…

Nigeria’s external debt stock increased to $145.02bn at the end of 2025, representing a 6.6 per cent rise from the previous year, according to the World Bank’s International Debt Report 2026. The report released on Thursday, provides a detailed assessment of external borrowing among low- and middle-income countries. It showed.that Nigeria’s external debt…

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