Nigeria approved its 2024–2027 medium-term debt strategy, raising the public debt ceiling to 60% of GDP by 2027 from 52.3% at end-2024, The Cable reported. The plan, supported by the World Bank and IMF, shifts borrowing toward longer-term naira instruments. It also introduces a 4.5% cap on interest-to-GDP, up from 3.75% in 2024, while sovereign guarantees remain capped below 5% of GDP.