New domestic borrowing pushes Nigeria’s debt to ₦97.34tn in Q4 2023 – DMO
Nigeria's Debt Management Office (DMO) has revealed that the country's public debt increased to ₦97.34 trillion ($108 billion) by…
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DMO opens offer for FGN savings bonds for March at 16.09%
The Debt Management Office (DMO) has initiated the subscription process for two-year and three-year Federal Government of Nigeria…
FG raises N1.49 trillion in two FGN bonds offer
In February, the federal government received N1.49 trillion from two FGN bond offerings issued by the Debt Management Office…
FG to borrow N2.5trn through bond – DMO
The Debt Management Office (DMO) announced that the Federal Government is aiming to raise N2.5 trillion in its second bond auction…
Nigeria’s debt hits N87.91trn — DMO
Nigeria's overall public debt increased by 0.61 percent quarter on quarter in the third quarter of 2023, reaching N87.91 trillion.
Nigeria’s debt jumps by 75% in three months, hits N87tn
The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023.
FG repays $500m Eurobond debt
The Federal Government redeemed a $500 million Eurobond on July 12, 2023, through the Debt Management Office (DMO).
The…
Desist from borrowing more, DMO warns FG
The Debt Management Office (DMO) has warned the Federal Government (FG) against further borrowing, claiming that debt servicing…
Budget deficits, low revenue responsible for rising debt – DMO
The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s…
‘Budget deficits, promissory notes’: Why Nigeria’s debt stock is increasing…
The Debt Management Office (DMO) explained on Wednesday that Nigeria's debt stock is increasing as a result of a combination of…