The Debt Management Office (DMO) says Nigeria’s total public debt stock increased to N41.60tn in the…
Category: DMO
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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…
Why Nigeria’s Debts Keep Increasing Under Buhari – DMO
The Debt Management Office (DMO) has explained why Nigeria’s borrowings have continued to increase since 2015…
Ogun Govt Uncovers Alleged N50bn Hidden Debt By Amosun
The Ogun State Government said it has uncovered a hidden N50bn domestic debt left behind by…