Nigeria’s External Debt Grows by 6.6% to $145bn in 2025 – World Bank Report

In a recent report by the World Bank, Nigeria’s external debt has risen to $145bn in 2025, marking a 6.6% increase from the previous year. According to Premium Times Nigeria, this represents a 74.3% increase in ten years, starting from $83.21bn in 2015.

This substantial debt growth is a concern for many Nigerians, as it could potentially impact the country’s economic stability and development.

The World Bank has not provided details on the factors contributing to this debt increase, but it is expected that the Nigerian government will address this issue in the coming months.

According to Premium Times Nigeria, the World Bank’s latest report on Nigeria’s external debt is available on its website.

Editorial notes: The World Bank’s report on Nigeria’s external debt has only been reported by one source, Premium Times Nigeria.