$400m loan: Nigeria spends $25.03m for servicing
...FG has spent $801m on debt servicing in 3 months As part of efforts to expand four airport terminals in ...
Tag: Debt Management Office
Nigeria’s debt may hit N81.64tn – DMO report
...govt’s current revenue profile can't support higher levels of borrowing ...Nigeria has self imposed 40% debt limit Nigeria’s total public ...
FGN Bond over subscribed by 100% as DMO raises N724.9 billion in February 2023 auction
The Debt Management Office (DMO) has announced the results of the February 2023 FGN bond auction. The auction featured the ...
Alarm Over National Debt Unnecessary- DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the ...
Nigeria’s Debt To Hit N77tn, Loan Servicing Gulps N5.2tn
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by President Muhammadu Buhari to restructure ...
Nigeria’s debt service cost rises by 28% to N1.17 trillion in Q3 2022
Nigeria spent a sum of N1.17 trillion on local and foreign debt servicing in the third quarter of 2022, representing ...
Nigeria Can’t Survive With Endless Borrowing – DMO
The Debt Management Office has disclosed that it has been difficult for Nigeria to borrow from the international markets as ...
DMO offers November 2022 FGN Savings Bond with higher interest rates
The Debt Management Office (DMO), on behalf of the Federal Government, has announced the offer for a subscription to the ...
Nigeria’s external debt rises to $40bn
Nigeria’s total external debt has risen from $10.32bn on June 30, 2015, to $40.06bn as at June 30, 2022. This ...
DMO offers N225bn bonds for subscription
The Nigerian Debt Management Office, DMO, has offered three Federal Government Bonds, which are valued at N225 billion for subscription. ...
