Nigeria’s public debt rises to N166.7 trn

By Emma Ujah, Abuja Bureau Chief
Nigeria’s total public debt stock rose to N166.79 trillion as of June 30, 2026, the Debt Management Office (DMO) has revealed in its latest data, released at the weekend.
That figure indicated an increase of N7.44 trillion from N159.35 trillion recorded at the end of the first quarter of the year.
The breakdown showed that domestic debt accounted for N91.59 trillion, or 54.91 per cent of the total portfolio, while external debt made up the balance.
In dollar terms, the country’s total public debt stood at $120.93 billion, comprising $54.52 billion in external debt and $66.41 billion in domestic debt.
The external debt component was converted usin...