Nigeria’s external debt rose to $54.52 billion as of June 30, 2026, marking a 5.05% increase from the previous quarter. Data from the Debt Management Office indicates that the top 10 creditors hold 97.32% of this total. The World Bank’s International Development Association remains the largest creditor, accounting for 35.07% of the debt, followed by Eurobond investors at 34.02%. Notably, exposure to First Abu Dhabi Bank surged to $3.37 billion, highlighting a growing reliance on syndicated and structured financing alongside traditional multilateral and bilateral sources.