FG Designates N16.1bn Monthly to Settle State’s N1tn Debts
The Federal Government has set aside N16.1 billion monthly for the settlement of N1 trillion debts owed by state governments. ...
Tag: Debt Management Office
Nigeria’s Debt Rises to N87.91 Trillion in Q3, 2023 – DMO
Nigeria’s total public debt rose marginally by 0.61 per cent quarter-on-quarter to N87.91 trillion in the third quarter of 2023. ...
Investors Oversubscribe FGN 30-Year Bond by Over 300%
...15.70% interest rate Investors in the bond market oversubscribed the federal government of Nigeria’s 30-year bond by over 300% when ...
Focus on issues driving N87trn Debt, IMF urges Nigeria
…insists debt’s still within moderate level ...gives tips on how Nigeria can get investment opportunities The International Monetary Fund (IMF) ...
Nigeria’s Debt hits N87.4 trillion in Q2 2023 – DMO
Nigeria’s total public debt doubled within a period of one year hitting N87.4 trillion in the second quarter of 2023, ...
DMO offers Two FGN Bonds for Subscription at 11.031%, 12.031% Interest Rates
The Debt Management Office (DMO) has announced an offering for two-year and three-year tenure of Federal Government of Nigeria bonds at 11.031% ...
National Debt Servicing with 90% Revenue is a path to Destruction – Tinubu
Nigeria's President, Bola Tinubu has insisted the practice of servicing national debt with 90% of revenue is destructive while promising ...
Nigeria repays $500m Eurobond Debt
The Federal Government through the Debt Management Office (DMO) has redeemed a $500 million Eurobond on its due date on ...
Nigeria’s N6trn Debt is nothing to worry about – Expert
...Nigeria should be worried about the overall N55trn debt Nigeria’s debt profile to the World Bank of 6 Trillion Naira ...
FG spent $62.66m in railway debt servicing
The Federal Government spent $62.66 million to service railway-related debts in the first quarter of 2023, according to the external ...
