Nigeria’s debt dilemma: The quiet crisis beneath a global borrowing boom

Apr 20, 2026 - 09:00
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Nigeria’s debt dilemma: The quiet crisis beneath a global borrowing boom
IN the fluorescent-lit trading rooms of Lagos Island, where currency traders watch the naira flicker like a faulty neon sign, the numbers no longer shock. Nigeria’s total public debt hit ₦159.28 trillion — roughly $110.98 billion — by December 31, 2025. That is a 10.10 percent jump from ₦144.67 trillion a year earlier and a […]

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