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The Debt Management Office (DMO) has clarified that President Bola Ahmed Tinubu inherited a total public debt of ₦87.38 trillion upon assuming office on May 29,...
Nigeria’s total public debt rose to ₦142.3 trillion as of September 30, 2024, reflecting a 5.97 percent increase from ₦134.3 trillion in June, according to data...
Nigeria’s external debt stock is projected to rise to $45.1bn by the end of 2024 as the Federal Government seeks additional funding to bolster the economy,...
Despite persistent calls to reduce the cost of governance and curtail excessive borrowing, 12 state governors have appointed a total of 4,385 aides since assuming office...
In an unexpected and embarrassing turn of events, a pornographic video clip interrupted a crucial investors’ call organized by Nigeria’s Debt Management Office (DMO) on Thursday....
The Debt Management Office (DMO), has insisted that Nigeria’s staggering public debt profile is okay and very much within reasonable limits. This was made known on...
Nigeria’s total public debt has surged to a staggering ₦121.67 trillion as of March 31, 2024, marking a significant rise of ₦24.33 trillion or 24.99 percent...
According to the International Monetary Fund (IMF), the poverty rate and food insecurity in Nigeria are currently high. Naija News reports that the IMF made these...
The Debt Management Office (DMO), on Wednesday, announced that the total public debt of Nigeria had increased to N89.71 trillion at the end of the third...
The continuous depreciation in Nigeria’s naira has pushed the country’s external debt to N33.25 Trillion from N19.64 trillion. Naija News reports that the naira devaluation has...
The Debt Management Office (DMO) has said Nigeria has redeemed a $500 million Eurobond on its due date on July 12, 2023. In a statement on...
In a publication on Friday (today), the Debt Management Office (DMO) confirmed that Nigeria’s debt profile has now risen to $108.3bn (N49.8trn). The total public debt...
The Debt Management Office (DMO) has issued a warning to the Bola Tinubu-led Federal Government (FG) against additional borrowing. Naija News reports that the DMO gave...
A report has revealed that outgoing governors, including Nyesom Wike (Rivers State), Ifeanyi Okowa (Delta State), Abdullahi Ganduje (Kano State), Udom Emmanuel (Akwa Ibom State), Badaru...
A combination of three major reasons has been given for the continuous growth of the nation’s debt stock. Naija News reports that the Debt Management Office...
Data from the Debt Management Office (DMO), reveals that the nation’s public debt stood at N46. 25 trillion, as at the end of December 2022. This...
The Debt Management Office (DMO) has announced that Nigeria’s public debt reached N44.6 trillion in the third quarter (Q3) of 2022. In a statement released on...
Three Federal Government Bonds which are valued at N225 billion for subscription has been offered by the Nigerian Debt Management Office (DMO). The development was announced...
The Debt Management Office (DMO) has said Domestic Debt has pushed the country’s Total Public Debt Stock from N41.60tn in March 2022 to N42.84tn in June...
The Chinese government has announced its plans to absolve 23 interest-free loans to 17 African countries. Though China has failed to mention the countries in its...