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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...
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...
The Director-General of the Debt Management Office (DMO), Patience Oniha has predicted a high increase in the country’s debt before the end of President Muhammadu Buhari-led...
The Federal Government has said that the debt servicing will cost N10.43tn by 2025, with economists saying that the rising cost of debt service can trigger...
President Muhammadu Buhari will on Wednesday (today) depart Abuja to join his counterparts in Dakar, Senegal, to participate in the International Development Association (IDA) for Africa...
The Director-General, Debt Management Office, Patience Oniha has revealed what threatens debt sustainability in some states in Nigeria. According to Oniha, the difficulty of some state...
The Director-General of the Debt Management Office, Patience Oniha, on Thursday claimed that borrowing to finance budget deficits and critical infrastructure is not bad in the...
The Debt Management Office (DMO) has disclosed that the Nigerian Government borrowed ₦6.64 trillion in 2021 and serviced debt with ₦2.93 trillion. Naija News reports that...
The Debt Management Office (DMO) has explained why Nigeria’s borrowings have continued to increase since 2015 and clarified that its published debt stock is not for...
The Director-General of the Debt Management Office, Patience Oniha, while stating the reason for the Federal Government's action noted that the proposed new 2020 budget of...
Nigeria’s Debt Profile Increases The Debt Management Office (DMO) has revealed that Nigeria’s aggregate public debt grew by 12.25 per cent (N2.66 trillion) year-on-year as at...
The Senate Committee on Petroleum (Downstream) has criticised the federal government for not paying the subsidy claims by petroleum product marketers despite approval by the National...
About N410 billion has been raised by Debt Management Office (DMO) from the domestic capital market as public borrowings to fund the 2018 budget. This was...