Nigeria’s debt to the World Bank rose by over two billion dollars in one year to nineteen billion dollars as of December 31, 2025, according to an analysis of external debt stock data released by the Debt Management Office.
The figure represents an eleven-point-seven per cent increase from the seventeen billion dollars owed to the global lender as of December 31, 2024.
The World Bank debt comprises loans from the International Development Association and the International Bank for Reconstruction and Development.
DMO data showed that Nigeria’s IDA debt rose from 16 point five-six billion dollars in 2024 to 18 point five-one billion dollars in 2025.
The increase means World Bank loans accounted for 38 point three-six per cent of Nigeria’s total external debt stock of 51 point eight-six billion dollars as of the end of 2025.
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