Finance - Page 2 - Intelpoint

A majority (67.2%) of Nigerian crypto users (17.7 million people) use digital assets mainly for investment and long-term financial growth.
Overall, 26.34 million Nigerians—over one in eight adults—actively use or hold cryptocurrency, giving the country the highest adoption rate globally.
About 18.4% (4.8 million) use crypto for everyday needs such as remittances, payments, and inflation protection.
14.4% (3.8 million) identify as active traders, providing liquidity and earning income through market participation.

Total public debt hits ₦152.4 trillion, marking another milestone in Nigeria’s expanding debt profile.
Domestic debt leads at ₦80.5 trillion, making up about 53% of total obligations.
External debt stands at ₦71.8 trillion, equivalent to roughly 47%, reflecting Nigeria’s ongoing exposure to foreign lenders.
The data signals growing fiscal dependence on local markets, as authorities seek to limit exchange rate risks while still financing deficits.

The South-West recorded the highest domestic debt stock of approximately ₦1.43 trillion, largely powered by Lagos State’s ₦1.04 trillion debt.
The South-South ranks second with ₦968 billion, led by Rivers State’s ₦364.4 billion, reflecting major infrastructure and fiscal commitments.
The North-Central (₦520 billion) and North-East (₦450 billion) show moderate borrowing compared to their southern counterparts.
The North-West records the smallest combined debt stock at ₦223 billion, indicating a relatively conservative borrowing posture.

Enugu State holds the highest domestic debt in the South-East at ₦180.5 billion.
Imo ranks second with ₦97.9 billion, about 54% lower than Enugu’s figure.
At ₦15.8 billion, Ebonyi remains the least indebted in the region, maintaining a conservative borrowing stance.
Combined, the five South-East states (Enugu, Imo, Abia, Anambra, and Ebonyi) owe roughly ₦371 billion domestically as of Q2 2025.

Bayelsa holds the lowest debt with ₦65.9 billion.
Rivers’ ₦364.4 billion domestic debt is almost six times Bayelsa’s total, highlighting major fiscal disparities.
Delta (₦204.7 billion) and Cross River (₦147.3 billion) remain among the region’s more indebted states
Regional debt approaches ₦1 trillion: The six South-South states collectively hold an estimated ₦968 billion in domestic debt as of Q2 2025.

The seven North-Western states collectively owed about ₦223.4 billion in domestic debt as of Q2 2025, according to DMO data.
Kano State ranked highest with ₦56.9 billion, accounting for roughly 25% of the zone’s total debt.
Jigawa remains the least indebted in the region and in the entire country, with only ₦852 million.
Moderate debt spread: While Kano, Zamfara, and Sokoto carried the largest debt loads, the remaining states maintained relatively conservative borrowing patterns.

The six North Central states collectively hold ₦449.4 billion in domestic debt as of Q2 2025, according to DMO data.
Kogi and Nasarawa lead in fiscal control with ₦18.8 billion and ₦23.9 billion, respectively
Both states record the lowest debt profiles in the region. Niger State’s ₦141.5 billion debt makes it the region’s most indebted, accounting for nearly one-third of the total.
The debt gap between Kogi (lowest) and Niger (highest) stands at over ₦123 billion, highlighting stark differences in fiscal management and borrowing capacity across the zone.

Lagos dominates regional debt with a domestic debt stock of ₦1.04 trillion, over 70% of the South-West’s total subnational debt.
Lagos’s debt is six times larger than that of Ogun (₦162.9 billion), the region’s next most indebted state.
At ₦10.6 billion, Ondo maintains the lowest domestic debt profile in the region, reflecting relatively modest borrowing.
The combined domestic debt of the six South-West states (Lagos, Ogun, Oyo, Osun, Ekiti, and Ondo) stood at ₦1.43 trillion as of Q2 2025.

Manufacturing records the highest monthly revenue at ₦8.27m, nearly double that of the next sector.
Healthcare (₦5.02m) and Transportation (₦3.70m) follow, reflecting essential service demand.
Industries like Marketing & Advertising (₦191k), Food & Beverages (₦320k), and Education (₦440k) earn significantly less on average.
The difference between top earners (Manufacturing, Healthcare) and bottom sectors highlights a stark inequality in industry.

The South West is the only region with MSMEs reporting revenues above ₦100 million, accounting for 100% of that bracket.
While high-revenue firms cluster in the South West, the South South leads in the ₦10M–₦99.9M range, with over 50.8% share.
The North Central (30.3%) has the highest share of MSMEs earning less than ₦100,000 monthly, followed by the North East (19.6%).
The ₦200K–₦999.9K range is more evenly spread across regions, but the South West and South South consistently record stronger representation.

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