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Category: DMO
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Nigeria’s ₦121.67tr Debt Normal, Within Limit – DMO
The Debt Management Office (DMO), has insisted that Nigeria’s staggering public debt profile is okay and…
Nigeria’s Public Debt Hits N2.04tn in Q1 – DMO
The Debt Management Office (DMO) says Nigeria’s total public debt stock increased to N41.60tn in the…
2022 Budget Deficit: FG Raises N984.28bn Via Bonds In Four Months – DMO
The Debt Management Office (DMO) says the federal government has borrowed a total of N984.28 billion…
Nigeria Spends 86% Revenue On Debt Servicing Under Buhari, South Africa Spends Only 20% In Same Year
Financial analysts have described Nigeria's debt servicing as outrageous and a setback to the country's economic…
Nigeria’s Debt Profile Rises To N50tn – Report
The Centre for the Promotion of Private Enterprise (CPPE) has said Nigeria's debt profile could be…
Countries Across The World Borrow – DMO
The Director-General of the Debt Management Office, Patience Oniha, on Thursday claimed that borrowing to finance…
Buhari Govt Borrowed ₦6.64tn In 2021, Serviced Debt With ₦2.93tn – DMO
The Debt Management Office (DMO) has disclosed that the Nigerian Government borrowed ₦6.64 trillion in 2021…
DMO Says Nigeria’s Public Debt Has Hit ₦38tn
Nigeria’s public debt profile has risen to ₦38.005tn or $92.626bn the Debt Management Office (DMO) confirmed…
President Buhari Borrows $2.02bn Dollars From China In Six Years
Apart from multi-lateral organizations, China has emerged as Nigeria’s largest creditor according to data obtained from…