Nigeria’s public debt rises 4.67% in second quarter
Nigeria’s public debt reached ₦166.79 trillion at the end of the second quarter of 2026, according to debt statistics released by the National Bureau of Statistics on 30 September. That was a 4.67% increase from ₦159.35 trillion at the end of the first quarter.
The NBS report gave the total equivalent as $120.93 billion. Domestic debt was ₦91.59 trillion, or 54.91% of the total, while external debt was ₦75.20 trillion, or 45.09%. The figures were sourced from the Debt Management Office.
NBS says external debt data are published every six months. The quarter-on-quarter comparison should therefore be read for total and domestic debt, rather than treating external debt as an independently reported quarterly series. The amounts are nominal; the report alone does not explain the drivers of the increase.
Al Rajhi Bank said net profit for the first nine months of 2026 rose 13% year on year to SAR20.87 billion. Operating income also grew 13%, while assets reached SAR1.076 trillion.
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