Nigeria's debt profile to hit ₦160 trillion as Tinubu’s govt prepares to borrow additional ₦9.3 trillion Nigeria’s total public debt could soar to ₦160.6 trillion by December 2025, according to a new projection by CSL Stockbrokers Limited, raising fresh concerns about the country’s fiscal sustainability. The Lagos-based investment and financial advisory firm said in a report that the federal government may borrow an additional ₦9.3 trillion before the end of the year to finance the ₦9.8 trillion deficit in the 2024 budget. The projected borrowing includes domestic and external sources. This comes amid...