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Rising Debts: Oil-Producing States Borrow N1.3tn Amid N6.4tn Windfall – DMO

The total debts of 10 oil-producing states rose from N2.04tn in December 2015 to N3.35tn as of June 2022, according to sub...

Nigeria’s Public Debt Stock Hits N42trn

The Debt Management Office DMO said Nigeria’s total public debt stock, which was 41.60 trillion naira in March rose to 42.84 trillion...

DMO Puts Nigerias Debts At N41.6trn Asks NASS To Control Deficits

The Debt Management Office, DMO has directed the National Assembly to take measure to control the deficit in the annual appropriation bills...

Infrastructure: Federal Government Spends N3.4tr On Capital Projects – Finance Minister

The Federal Government has spent 3.4 trillion naira on capital expenditure as at November 2021, when compared to the total capital budget...

Foreign/ Domestic: Nigeria’s Debt Hits N38.005trn – DMO

The Debt Management Office, DMO says Nigeria’s sovereign debt stock now 38.005 trillion naira equivalent to 92.626 billion dollars as at September...

Nigeria’s External Debt: DMO Ranks Borno Lowest, Lagos, Kaduna, Edo Highest

The Debt Management Office, DMO has released debt profiles of all the 36 states and the Federal Capital Territory, Abuja, with Borno...

Borrowings: Nigeria Piles Up N2.36tn Debt Stock In Three Months –...

Nigeria’s total public debt stock rose from N33.11trillion as of March 31, 2021 to N35.47tn as of June 30, 2021.

DMO: Nigeria Not Among High-Debt Risk Nations

The Debt Management Office DMO has reacted to media report to the effect that the World Bank had listed Nigeria among ten...

Nigeria’s Rising Debt, A Major Concern – NESG, FDC

The Nigerian Economic Summit Group, NESG and the Financial Derivatives Company Limited, FDC, led by a foremost economist, Bismarck Rewane has raised...
Debt Management Office, DMO

DMO Puts Nigeria’s Debt Profile At N25.7trn

The Debt Management Office, DMO says that Nigerian’s total debt profile is 25.7 trillion naira. The Director-General of the office, Patience...

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