Nigeria Paid World Bank $848.7Million In Debt Servicing As Outstanding Loans Hit $19.8Billion | Sahara Reporters

A SaharaReporters review of the DMO data showed that the payments were made to two arms of the World Bank Group: the International Development Association and the International Bank for Reconstruction and Development.

Nigeria paid a total of $848.7 million in debt servicing to two World Bank institutions in 2025, while its outstanding debt to the agencies rose to $19.8 billion by the end of the year, according to data reviewed from the Debt Management Office (DMO).

A SaharaReporters review of the DMO data showed that the payments were made to two arms of the World Bank Group: the International Development Association and the International Bank for Reconstruction and Development.

According to the analysed figures, the World Bank’s “International Development Association” received $769.2 million from Nigeria as debt service payments in 2025.

The “International Bank for Reconstruction and Development”, which is under the ‘World Bank group’, received $79.5 million within the same period.