By Richard Ogunsile and Chukwuani Victoria When a country borrows hugely either internally or externally, there is an expectation the borrowed funds will impact its economy...
Nigeria’s commercial debt has risen by 31 per cent from $11.17bn to $14.67bn. This was contained in data reported by the Debt Management Office. The financial...
The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria’s debt profile could be in excess of N50 trillion. Naija News reports that the...
The Director-General of the Debt Management Office, Patience Oniha, on Thursday claimed that borrowing to finance budget deficits and critical infrastructure is not bad in the...
The Debt Management Office has revealed that the Federal Government has incurred ₦950bn new domestic borrowing between January 2022 and March 11, 2022. The Director-General of...
The Debt Management Office (DMO) has disclosed that the Nigerian Government borrowed ₦6.64 trillion in 2021 and serviced debt with ₦2.93 trillion. Naija News reports that...
Nigeria’s public debt profile has risen to ₦38.005tn or $92.626bn the Debt Management Office (DMO) confirmed on Tuesday. The DMO in a statement published on its...
Apart from multi-lateral organizations, China has emerged as Nigeria’s largest creditor according to data obtained from the Debt Management Office (DMO). The DMO figures show the...
The Debt Management Office (DMO) has explained why Nigeria’s borrowings have continued to increase since 2015 and clarified that its published debt stock is not for...
The Ogun State Government said it has uncovered a hidden N50bn domestic debt left behind by the Ibikunle Amosun administration. Recall that the Debt Management Office...
The federal government, through the Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at ₦1,000 per unit....
Nigeria’s total public debt profile has hit N31trn according to the latest figures released on Wednesday, 9th September 2020 by the Debt Management Office (DMO). The...
The Debt Management Office (DMO) has reacted to the confusion surrounding the loans obtained by the federal government of Nigeria from China. According to the DMO,...
Former Vice President Atiku Abubakar on Friday stated that the administration of President Muhammadu Buhari has done nothing but put Nigeria in huge debts. Naija News reported...
Former Vice President Atiku Abubakar has lamented Nigeria’s increasing debt profile under the administration of President Muhammadu Buhari. Naija News reported that the Debt Management Office...
The Debt Management Office (DMO) has disclosed that the Public Debt Data comprising the domestic and external debts of the Federal Government, States government and FCT...
Nigeria’s Debt Profile Increases The Debt Management Office (DMO) has revealed that Nigeria’s aggregate public debt grew by 12.25 per cent (N2.66 trillion) year-on-year as at...
The federal and the state governments have accumulated a total of N19.63 trillion in debt as at June 30 2017, the Debt Management Office (DMO) reveals....