Nigeria’s public debt reached 159,280 billion nairas (111 billion USD) as of December 31, 2025, up 10.1% from a year earlier, according to the Debt Management Office (DMO). This increase represents a rise of 14,610 billion nairas (10.2 billion USD) compared to the end of 2024. In the last quarter alone, debt surged by 3.9%,…...
Trending
- Kenya: Nedbank acquires 66% of NCBA Group for USD 794 million
- CEMAC: BEAC’s rate cut triggers rush of banks towards refinancing
- South Africa: World Bank approves $1.5 billion loan for infrastructure
- Access Holdings reduces its stake in Access Bank Ghana to 85.96%
- Gabon: Omega Consortium negotiates the buyback of SEEG’s $247 million debt
- Bridge Bank CI: early closure of the 67.5 billion FCFA fundraising operation for an IPO
- CEMAC: FOGADAC aims to secure the banking system with nearly 2 billion USD by 2036
- ECOWAS confirms the launch of its single currency ECO for 2027
