The Debt Management Office (DMO) is planning to raise up to N1.2 trillion in debt through re-issuance of federal government bonds even as it spent N1.195...
According to the Debt Management Office, DMO, the five countries Nigeria is indebted to are China, France, Japan, India, and Germany. The agency said Nigeria owes...
The Debt Management Office (DMO) released the FG Bonds Issuance for last quarter of 2022 of a N720b borrowing plan.
Despite only spending N973.13bn on capital expenditure and earning just N1.84 trillion in revenue, the President Muhammadu Buhari -led All All Progressives Congress federal government has...
The Federal Government of Nigeria recorded a fiscal deficit of N3.01 trillion in the first five months of 2021, reflecting the country’s worsening finances. Figures obtained...
President Mohammadu Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed. According to...
The Federal Government is owing N15.85 trillion in domestic debts, with almost three-quarters of the debts due to bondholders. The fixed-return debts place obligation on the...
Nigeria’s debt profile increased by N2.38trn between March and June 2020, the Debt Management Office (DMO) has revealed. It said Nigeria’s total public debt stock as...
Nigeria’s debt to revenue ratio is set to deteriorate further as the country’s total public debt rose to $79.5 billion (N28.63 trillion) as of the first...
The Debt Management Office (DMO) has debunked reports claiming that China is now the major source of funding for the Nigerian Government. According to the DMO,...
