Nigeria States External Debt Rises by $884.66m in 2025 Despite Higher FAAC Allocations
By Elizabeth Ugbo Nigeria’s 36 states and the Federal Capital Territory increased their external debt by $884.66m between December 2024…
Nigeria Subnational Debt Crisis Deepens as State Borrowing Rises by N392bn
By Elizabeth Ugbo Nigeria’s subnational debt crisis intensified in 2025 as state governments increased borrowing despite economic pressures. Data from…