Nigeria can’t survive with endless borrowings, DMO warns
The Debt Management Office (DMO) has warned that Nigeria cannot survive with continued borrowing, just as it disclosed that it ...
Tag: nigeria’s debt profile
Budget: DMO seeks n’assembly’s help as Nigeria’s debt hit N41.6trn
The Debt Management Office (DMO), has asked the national assembly carry out due diligence in the budget process to reduce ...
Borrowings under Buhari justified – Fashola
Babatunde Fashola, minister of works and housing, has noted that the President Muhammadu Buhari administration has justified all its borrowings ...
Debt: Buhari can borrow money till eternity – Adamu, APC chair
Abdullahi Adamu, national chairman of the All Progressives Congress (APC), has said President Muhammadu Buhari’s government can borrow money “till ...
Nigeria moves up to 4th on IDA debtors’ list with $13bn debt
Nigeria has moved up one spot in the latest top 10 International Development Association (IDA) borrowers’ list, with $13 billion ...
Nigeria’s public debt grows by N2.04trn to N41.6trn in Q1 2022 – DMO
Nigeria's total debt stock rose to N41.60 trillion in the first quarter of 2022 from N39.56 trillion as of December ...
You’re facing high risk of debt distress – IMF warns Nigeria, others
The International Monetary Fund (IMF), has warned that Nigeria and 71 other countries are facing high risk of debt distress ...
FG to borrow N720bn in 3 months as DMO unveils borrowing plan for Q2
The federal government of Nigeria will borrow the sum of N720 billion from domestic sources in the second quarter of ...
Nigeria’s borrowing up 278.03% between 2015 and 2021
Borrowings by Nigeria's federal government have risen by 278.03 per cent between 2015 and 2021, public debt data as of ...
Updated: Nigeria’s public debt profile increases 20.2% to N39.56trn
Latest figures from the Debt Management Office (DMO) show that Nigeria’s total public debt stock increased by 20.2 percent to ...