The Debt Management Office (DMO) is seeking to raise N450 billion in its bond auction billed to take place on April 15. The move was in...
The Zamfara State Governor, Dauda Lawal, has denied reports by the Debt Management Office (DMO) that his government borrowed the sum of N14.26 billion since assuming...
The Debt Management Office (DMO) has released two new Federal Government savings bond offers for subscription. In a statement issued on Monday, DMO said the first...
Within six months of 2023, over N2.34 trillion was spent by the Federal Government of Nigeria to service the country’s debt, which rose to N87.38 trillion...
The Debt Management Office (DMO) has revealed that Nigeria’s total public debt rose by 75.29 per cent to N87.38 trillion in the second quarter of 2023....
The Debt Management Office (DMO) has disclosed the Federal Government has redeemed a $500 million Eurobond on its due date. According to a statement by the...
Nigeria’s total public debt has hit N68.9 trillion, according to new figures obtained from the Debt Management Office (DMO), which warned President Bola Tinubu’s Government against...
These top 10 stories across the nation’s newspapers might interest you. 1. FG says 160 women in Sudan claiming to be Nigerians are without passports The...
The Debt Management Office (DMO) has allayed the fears on the transfer of the Federal Government’s N22.7 trillion debt burden to Nigerians. The Senate on Thursday...
Nigeria’s debt to China has increased by a staggering 209 percent under the administration of President Muhammadu Buhari, according to data obtained from the Debt Management...
The Nigerian government spent a whopping N3.63 trillion on servicing its external and domestic debts in 2022. This is according to data obtained from the Debt...
The Director-General of the Debt Management Office (DMO), Patience Oniha, said the Federal Government is obtaining loans and issuing promissory notes despite not having revenue to...
Two Federal Government of Nigeria (FGN) savings bonds have been issued by the Debt Management Office (DMO), with the subscription period falling between April 3, and...
The Debt Management Office (DMO) has disclosed that Nigerian state governors borrowed a total of N870 billion from local banks and investors in 2022. This borrowing...
The Debt Management Office (DMO) has revealed that Nigeria’s total public debt stock is now N46.25 trillion as at the end of December 2022. This is...
The Debt Management Office (DMO) has announced the availability of two tenors of FGN savings bonds for the month of March 2023, and is inviting retail...
The Debt Management Office has concluded plans to secure funds for the 2023 budget in the next two days. To achieve, the objective, it made an...
THE Debt Management Office (DMO) has announced plans by the federal government to borrow N1.2 trillion through bonds in the first 3 months of 2023 The...
President of the 9th Senate, Ahmed Lawan on Thursday underscored the urgent need for the federal government to improve on revenue generation in order to deal...
The Debt Management Office (DMO) has raised concerns as Nigeria’s public debt is set to hit N72 trillion. Patience Oniha, the DG of DMO raised the...
The external debt service payments report by the Debt Management Office (DMO) has revealed that Nigeria’s railway-related debts gulped $548.67 million between 2016 and 2022. In...
The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for subscription....
The Debt Management Office (DMO) has revealed that the total debt stock of Nigeria has increased to N44.06 trillion as of September 2022. DMO disclosed this...
Between January and November of 2022, the federal government borrowed a sum of N2.94 trillion from the domestic debt market to finance the 2022 budget deficit....
The Director-General of the Debt Management Office (DMO), Patience Oniha, has advised the Federal Government to prioritise revenue generation, and not increase borrowings. During a workshop...
The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that Nigeria is struggling to borrow money from international creditors due to its economic...
Within one year, Nigeria’s total public debt grew by N7.38 trillion, to close the second quarter of 2022 with N42.84 trillion ($103.31 billion), according to the...
The Federal government of Nigeria faces an uphill task in finding creditors to plug the hole in its finances. The latest data from the Debt Management...
Patience Oniha, director- general, Debt Management Office (DMO) has given reasons for the borrowings embarked upon by the federal government being used to fund subsidy payments...
The Debt Management Office (DMO) has revealed that the federal government, in the first six months of 2022, spent N1.87 trillion repaying matured loans. The loans...
Nigeria’s total public debt rose by 2.98 percent in the second quarter of this year to N42.84 trillion ($103.31 billion), new data released by the Debt...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The Debt Management Office (DMO) has said it is concerned about the Federal Government’s debt service-to-revenue ratio. The federal government’s projected deficit for the 2023 budget...
The decline in the value of the Naira to the US dollar has increased the burden of servicing external debts for federal and state governments. According...
The Federal Government plans to raise N720 billion from the bond market in the third quarter of this year, a move that is expected to increase...
Federal government bonds worth N225 billion would be auctioned today, Monday, June 20, 2022, by the Debt Management Office (DMO) at the primary market. The debt...
The Debt Management Office (DMO), has announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The DMO stated this in a notice...
The Debt Management Office (DMO) has announced two federal government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a circular on...
The Debt Management Office (DMO) said on Thursday the Federal Government used loans secured from multilateral lenders as a tool for economic recovery. The Director-General of...
The Nigerian Army says troops of the Operation Hadin Kai operating in the North East, have successfully overrun the dreaded Sambisa Forest in Borno State, while...
It is no longer news Nigeria has a huge debt burden. What is worrisome is the rate at which it increases yearly. Since 2015, Nigeria’s debt...
Nigeria’s ballooning national debt which increased by 20 percent in 2021 to N39.5 trillion, now means each citizen owes N191,889.55 as their share of the country’s...
The first bond issuance for 2022 has been completed successfully with Nigerians offering more than the N214.05 billion offered by The Debt Management Office (DMO). In...
The Nigerian government has announced the schedule for its domestic borrowing plans for the first three months of 2022 from citizens. The Debt Management Office (DMO)...
The Debt Management Office (DMO) on Saturday debunked reports that some national assets were used as collateral towards the solicitation for loans from China. This was...
The Debt Management Office (DMO) has opened the offer for a new N250 billion Sovereign Sukuk bond being raised by the Federal Government for development of...
The Debt Management Office (DMO) has provided justification for borrowings by the present administration According to Patience Oniha, director general DMO, public debt was instrumental in...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
As at the end of June 30, each Nigerian now owes about N165,500 to countries, international organisations and domestic investors as government borrowing increased to N35.5...
The Debt Management Office (DMO) has announced an offering for the federal government of Nigeria (FGN) savings bonds at N1,000 per unit. This is according to...
