Nigeria's Public Debt Balloons by ₦5.98 Trillion

The Debt Management Office reported on April 14 that total debt rose from ₦153.29 trillion in September 2025 to ₦159.27 trillion (up 3.9%). Bonny Light crude soared from $70.14 to $116.84 per barrel—a 66% jump—lifting both fiscal pressure and oil-exporting revenue.