Nigeria’s Economic Strength Shines as Foreign Debt Repayment Jumps 49%

 Nigeria’s financial landscape is showcasing resilience as the nation’s foreign debt repayment surged by an impressive 49% year-on-year in 2025, reflecting robust fiscal management and economic progress. This milestone, reported by the Central Bank of Nigeria, highlights the country’s commitment to honoring its international obligations while fostering growth.

The increase, driven by improved oil revenues and strategic debt restructuring, saw Nigeria repay $4.2 billion in foreign loans in the first quarter of 2025, up from $2.8 billion the previous year. The Central Bank’s policies, including a stabilized naira and enhanced foreign exchange inflows, have bolstered Nigeria’s creditworthiness, attracting investor confidence. Key projects funded by these loans, such as the Lagos-Calabar Coastal Highway, are nearing completion, promising economic dividends.

The government is also implementing debt sustainability programs, including partnerships with local banks to finance infrastructure without additional borrowing. This achievement signals Nigeria’s growing economic stability, inspiring optimism for a future where fiscal discipline and strategic investments drive prosperity for all citizens.