Nigeria’s External Debt Rises by $11.4bn Under Tinubu0

• BUSINESS, SLIDE
• September 30, 2026

Nigeria’s external debt has increased by about $11.4 billion since President Bola Ahmed Tinubu assumed office, with the country’s external obligations rising from approximately $43.1 billion to $54.5 billion as of June 2026, according to data reviewed by Nairametrics. The increase has been attributed to a combination of multilateral borrowing, commercial debt and syndicated financing