Commercial loans gulped the largest chunk of the $357.26 million the Federal Government spent on external debt servicing in the first three months of the year,...
According to the latest report released by DMO, Nigeria’s total debt portfolio hits N24.9 trillion as of March 31, 2019, compared to N24.3 trillion in December...
In attempt to allay the fear that servicing the country’s debt with N293bn which is about 70% of the total national income, Accountant General of the...
The Debt Management Office has said the federal government will auction N100bn worth of bonds by subscription on June 26. A circular by the DMO on...
The Federal Government said it has no plans to return to Eurobonds market this year after a sixth outing in November 2018 helped to raise the...
Lagos, Edo, Kaduna and Cross River states owe more than half the debts owed by the 36 states of the federation and the Federal Capital...
Nigeria’s total debt has nearly doubled in three years, rising from N12.12 trillion in June 30, 2015 to about N22.43 trillion as of September 30, 2018....
Relief may soon come the way of some cash-strapped local contractors, including oil marketers, who are still being owed years after executing federal government’s projects. The...
The Debt Management Office (DMO) says the Federal Government is to auction by subscription N115 billion worth of bonds. The DMO said in a circular on...
Nigeria’s foreign reserves declined by $2.2 billion in October 2018 alone — the largest monthly drop since 2015. Data from the Central Bank of Nigeria...
