DMO

National Assembly can control FG’s borrowing, says DMO DG

Director-General of the Debt Management Office Patience Oniha, has asked the National Assembly urgently do something to reduce the country’s…

2 years ago

As FG plans borrowing N720bn, Nigeria’s debt to exceed N50tn this year

The Debt Management Office has released the schedule of local borrowings this year and says Nigeria’s public debt will soon…

3 years ago

Nigeria’s total debt now N39.6tn, says DMO

The Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion…

3 years ago

Debt Management Office to auction ₦150bn FG bonds Wednesday

The Debt Management Office (DMO) has announced that on Wednesday, February 16, 2022, it will auction N150 billion in Federal…

3 years ago

We didn’t use national assets as collateral for Chinese loans – DMO

The Debt Management Office has said no national asset was used as collateral for loans from China. Director-General of the…

3 years ago

DMO okays N50bn Sukuk bond for road projects

The Debt Management Office has said it will issue about N250 billion Sukuk to finance road projects. It said this…

3 years ago

Nigeria’s debt hits N35.5tn, says DMO

Nigeria’s total debt rose to N35.5 trillion at the end of June 2021, the Debt Management Office has said. The…

3 years ago

Nigeria’s debt rises by N700bn to ₦32.9tn in three months

Nigeria’s total public debt rose to N32.9tn at the end of December 2020, the Debt Management Office has said. It…

4 years ago

FG approves new debt management strategy

Debt to GDP now 40% The Federal  Government has approved a new Medium-Term Debt Management Strategy (MTDS) which has raised…

4 years ago