DMO says Nigeria’s debt too high, warns FG against more borrowing
The Debt Management Office, DMO, has warned the Federal Government against additional borrowing, saying 73.5 per cent of revenue generated ...
Tag: DMO
DMO cautions FG against more borrowing
Nigeria's Debt Management Office (DMO), has cautioned the Federal Government against embarking on more borrowing, noting that 73.5 per cent ...
Nigeria’s $13bn indebtedness to World Bank a plus – DMO
The Debt Management Office (DMO), has explained that Nigeria’s $13.46 billion World Bank loan is a plus because the loans ...
DMO denies defaulting on Chinese loans repayment
Nigeria's Debt Management Office (DMO) has dismissed as untrue, reports that the country defaulted in the repayment of loans obtained ...
DMO to auction N360bn FGN bonds to fund budget deficit
Nigeria's Debt Management Office (DMO), on Wednesday announced plan to auction N360 worth of FGN Bonds to domestic investors this ...
Lagos, Delta, Ogun most indebted states – DMO report
The domestic debt owed by state governments and the Federal Capital Territory administration rose to N5.33tn as of the end ...
DMO backs FG as Nigeria’s debt rises to N46.25trn in 2022
The Debt Management Office, DMO, on Thursday said the nation’s public debt rose by N6.69 trillion or 22.47 per cent ...
JUST IN: Nigeria’s public debt exceeds N46trn
Latest figures from the Debt Management Office (DMO) show that Nigeria’s public debt profile stood at N46. 25 trillion, as ...
DMO raises N724.9bn in February bond auction
The Debt Management Office (DMO) says it has raised N724.9 billion in February 2023 Federal Government bond auction. The office ...
Incoming president to inherit N77trn debt – DMO
Debt Management Office (DMO) has disclosed that the incoming administration would inherit about N77 trillion as debt by the time ...