•Tinubu Nigeria’s public debt stock rose further to N166.8 trillion in the second quarter of 2026, driven largely by increased domestic borrowing as the Federal Government continued to finance its sizeable fiscal deficit, latest data from the Debt Management Office (DMO) has shown. The debt stock, which covers obliÂgations of the federal gover...
In spite of mounting concerns over the huge level of the country’s public debt, and the severe impact of rising cost of debt servicing on the economy, the federal government, FG, increased borrowing from domestic investors to N10.85 trillion in the first four months of the year. Nigeria’s total public debt rose by 48.6 per […]

