Nigeria World Bank debt exposure stands at 40% of external debt as DMO reports $19.54bn owed as of September 2025

Nigeria’s reliance on concessional multilateral financing has deepened, with new data showing that exposure to the World Bank Group stood at $19.54bn as of September 30, 2025.

Also read: Tottenham Hotspur Target Roberto De Zerbi as Bold Head Coach Move

The Nigeria World Bank debt exposure accounts for about 40.34 per cent of the country’s total external debt stock of $48.46bn, underscoring the lender’s dominant role in Nigeria’s borrowing structure.

Figures released by the Debt Management Office Nigeria indicate that the debt comprises $18.18bn from the International Development Association and $1.36bn from the International Bank for Reconstruction and Development.

The data highlights Nigeria’s continued dependence on concessional loans to finance infrastructure and development programmes across key sectors of the economy.

Analysts note that while multilateral borrowing often comes with lower interest rates and longer repayment periods, the scale of exposure raises ongoing questions around debt sustainability and fiscal balance.

Also read: Tottenham Hotspur Target Roberto De Zerbi as Bold Head Coach Move

The figures also reflect broader trends in Nigeria’s external financing strategy, where multilateral institutions remain central to funding government-led development initiatives.