Debt Management Office

CFG: ‘Nigeria’s debt repayment exceeds recurrent, capital expenditure’

Public debt hurts citizens, says IMF Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both recurrent and capital expenditure. This is

4 days ago

by Guardian Nigeria

Naira depreciation adds N17.8 trillion to public debt in three months

The Debt Management Office (DMO) said naira depreciation alone increased the total debt stock by N17.8 trillion in quarter one (Q1), dismissing the claim that the government has continued to pile up

5 days ago

Business·Slide

Why public debt is rising — DMO

The Debt Management Office (DMO) has explained that the rise in Nigeria’s public debt stock is partly due to exchange rate volatility, new borrowing, and Ways and Means securitisation. In a statement

6 days ago

News·Nigeria

SERAP urges W’Bank to probe loan spending by FG, states

The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank Inspection Panel to probe allegations of corruption in the spending of the loans and other funding facilities obtained by the

1 week ago

News

Public debt hits N121.67tr as FG moves to check revenue loss

Debt servicing to gulp 34% of earnings in three years Nigeria’s public debt has risen to N121.67 trillion (approximately $91.46 billion) as of March 31, 2024, just as the Federal Government is making

2 weeks ago

News

DMO issues June sovereign savings bonds at 17.4 per cent

The Debt Management Office (DMO) has opened for subscription to two Federal Government of Nigeria (FGN) savings bonds at 17.41 per cent

4 weeks ago

Business·Business News

DMO offers two FGN savings bonds for subscription

The Debt Management Office (DMO) has opened two federal government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit.

2 months ago

Business·Business News

Zamfara gov’t clarifies DMO report on loans, says It didn’t borrow N14.26bn

Zamfara State Governor, Dauda Lawal, has said that he has never approached the Debt Management Office (DMO) for any loans since the inception of his administration on May 29, 2023. “We want

3 months ago

National·News·Nigeria

Zamfara gov’t clarifies DMO report on loans, says It didn’t borrow N14.26bn

Zamfara State Governor, Dauda Lawal, has said that he has never approached the Debt Management Office (DMO) for any loans since the inception of his administration on May 29, 2023. “We want

3 months ago

National·News·Nigeria

Nigeria public debt hits N97trn in December 2023 – DMO

Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO) on Friday in Abuja.

3 months ago

National·News·Nigeria

Government raises N475.67 billion in March bond auction

The Debt Management Office (DMO) said it raised N475.67 billion from the March 2024 Federal Government (FGN) bond offer, slightly more than the N450 billion it had planned to raise.

3 months ago

Business·Business News

1 2 3 4 Next

Debt Management Office

CFG: ‘Nigeria’s debt repayment exceeds recurrent, capital expenditure’

Naira depreciation adds N17.8 trillion to public debt in three months

Why public debt is rising — DMO

SERAP urges W’Bank to probe loan spending by FG, states

Public debt hits N121.67tr as FG moves to check revenue loss

DMO issues June sovereign savings bonds at 17.4 per cent

DMO offers two FGN savings bonds for subscription

Zamfara gov’t clarifies DMO report on loans, says It didn’t borrow N14.26bn

Zamfara gov’t clarifies DMO report on loans, says It didn’t borrow N14.26bn

Nigeria public debt hits N97trn in December 2023 – DMO

Government raises N475.67 billion in March bond auction

Products

Lifestyle

News

Sport

Suggestions

Suggestions

Debt Management Office

Products

Lifestyle

News

Sport