Nigeria’s External Debt Rises to $145bn in 2025, World Bank Report Shows
Nigeria’s external debt rose to $145.015 billion in 2025, representing a 6.6 per cent increase from the previous year, according to the World Bank’s International Debt Report 2026. The latest figures indicate that Nigeria’s external debt has increased…
Tinubu Seeks Fresh $20.5bn, €1.04bn Foreign Loans for Infrastructure Projects
President Bola Ahmed Tinubu has asked the National Assembly to approve fresh external loans worth $20.5 billion and €1.04 billion to finance critical infrastructure and development projects across Nigeria. The President’s request was conveyed in a…