Nigeria’s total public debt stock rose to N166.79 trillion as of June 30, 2026, representing a N7.44 trillion increase within three months, according to the Debt Management Office (DMO).

The latest figure, contained in the DMO’s public debt portfolio report published on Friday, represents a 4.7 per cent increase from the N159.35 trillion recorded at the end of the first quarter of 2026.

It also reflects a N14.39 trillion, or 9.4 per cent, increase compared with the N152.4 trillion recorded at the end of June 2025.

The DMO said domestic debt accounted for N91.59 trillion, representing 54.91 per cent of the total debt stock, while external debt stood at N75.2 trillion, or 45.09 per cent.

According to the agency, domestic debt increased by N11.04 trillion, or 13.7 per cent, from N80.55 trillion recorded in June 2025.

External debt also rose by N3.35 trillion, representing a 4.7 per cent increase from N71.85 trillion during the same period.

The Federal Government accounted for the largest share of the debt at N152.77 trillion, comprising N86.99 trillion in domestic debt and N65.77 trillion in external obligations.

States and the Federal Capital Territory accounted for the remaining N14.01 trillion, made up of N4.59 trillion in domestic debt and N9.42 trillion in external debt.

In dollar terms, the DMO put Nigeria’s total public debt at $120.93 billion as of June 30, 2026, compared with $99.66 billion recorded in June 2025.

The agency said the external debt was converted to naira using the Central Bank of Nigeria’s official exchange rate of N1,379 to the dollar as of June 30, 2026.