Nigeria’s public debt stock increased from N149.38 trillion ($97.23 billion) in the first quarter of 2025 to N152.39 trillion ($99.65 billion) in the second quarter of 2025, a 2.01% growth on a quarter-on-quarter basis.
The National Bureau of Statistics (NBS) reported that external debt stood at N71.84 trillion ($46.98 billion), while domestic debt was N80.55 trillion ($52.67 billion).
Lagos state recorded the highest domestic debt of N1.04 trillion, followed by Rivers with N364.39 billion. Jigawa recorded the lowest domestic debt at N852.49 million.
Lagos state also recorded the highest external debt with 1.04 billion Dollars, followed by Kaduna state with 658.70 million Dollars
