10 States with highest domestic debt in 2023- DMO
The debt stock of the 36 states and the Federal Capital Territory (FCT) as of December 31, 2023, was N5.862 trillion, according to…
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Debt Management Office (DMO)
How FG spent N1.2tr to service debts in Q1 of 2023 – DMO
The Federal Government spent N1.24 trillion servicing debt in the first quarter of this year, according to the Debt…
Nigeria’s Public debt hits N49 trillion – DMO
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion…
Nigeria has not defaulted in repaying Chinese loans says DMO
The Debt Management Office has said that Nigeria has not defaulted on repaying its Chinese loans, contrary to the claims of a…
DMO defends Nigeria’s $13bn indebtedness to World Bank
The Debt Management Office, DMO, said the $13.46 billion World Bank loan for Nigeria funded by the International Development…
Savings bonds: DMO announces 2023 first offer
The Debt Management Office (DMO) on Monday announced its first bonds issuance for 2023, two Federal Government of Nigeria (FGN)…
DMO Raises N615.557bn Sukuk Funds In 4 Years
The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads…
Debt servicing doubled, reaches N896 billion in three months – DMO…
Nigeria's debt servicing bill has risen by 109 percent to N896.56 billion, according to statistics received from the Debt …
DMO opens N250b Sukuk bond offer
The Debt Management Office (DMO) has opened the offer for a new N250 billion Sovereign Sukuk bond being raised by the Federal…
FG raises $4b Eurobonds to finance 2021 budget
After two days of virtual meetings with investors, Nigeria has raised $4 billion through Eurobonds.
A statement by the Debt…