Foreign Borrowing Hits $51.9bn in Q1 Amid N159.35trn Debts Stock As Fiscal Deficit Widens

Nigeria’s total public debt stock rose to N159.35 trillion as of March 31, 2026, while foreign borrowing reached $51.9 billion in the first quarter. The Debt Management Office report also highlighted a widening fiscal deficit, raising broader concerns about fiscal sustainability and financing conditions.