The DMO has stated that Nigeria’s total public debt rose to N153.29 trillion as of September 30, 2025 Domestic debt stood at N81.81 trillion, with the federal government holding the largest share Nigeria’s 2026 budget projects a deficit of N23.85 trillion, equivalent to 4.28 per cent of GDP Oluwatobi Odeyinka is a business editor at Legit.ng, covering energy, the money market, technology and macroeconomic trends in Nigeria. Nigeria’s total public debt increased to N153.29 trillion as of September 30, 2025, according to the Debt Management Office (DMO). The figure represents a N900 billion increase from the N152.39 trillion recorded in June 2025. Presidency, wirestock. Source: UGC According to The Cable, data obtained from the agency’s website show that the figure represents a N900 b...