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 ...
Tag: PATIENCE ONIHA
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 ...
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 ...
Amid growing debt, DMO advises FG to cut waste to reduce borrowing
The Debt Management Office (DMO) has advised the federal government to reduce its dependence on borrowings to finance budget deficits ...
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 ...
Subscriptions for FGN bonds rose from N100m to over N1bn in months – DMO
The Debt Management Office (DMO) has said subscription to FGN savings bonds has increased from about N100 million to over ...
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 ...
DMO auctions three new N225 billion FGN bonds
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for ...
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 ...