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Tag "Debt Management office"

DMO: Nigeria’s debt profile prone to oil price volatility, FX risks

    DMO: Nigeria’s debt profile prone to oil price volatility, FX risks

The Debt Management Office (DMO) says Nigeria’s debt profile is prone to the volatility of oil prices and forex exchange risk. DMO said this in its 2021 national market access

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DMO: Nigeria borrowed over N6trn in 2021 — debt stock now N39.6trn

    DMO: Nigeria borrowed over N6trn in 2021 — debt stock now N39.6trn

The Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion in the previous year. Patience Oniha, director-general of DMO, said

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Nigeria’s debt rising because we spent our way out of recessions, says Buhari

    Nigeria’s debt rising because we spent our way out of recessions, says Buhari

President Muhammadu Buhari says the country’s debt profile is rising because the federal government had to spend its way out of recessions. Since Buhari assumed power in 2015, Nigeria’s economy

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FG’s foreign debt is $27.6bn NOT $76bn, DMO replies Falana

    FG’s foreign debt is $27.6bn NOT $76bn, DMO replies Falana

The Debt Management Office (DMO) says Nigeria’s outstanding external debt is $27.6 billion. In a freedom of information (FoI) request dated August 3, 2020, Falana & Falana Chambers, the law

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IN DETAIL: The 11 projects funded by China’s $3.1bn loan to Nigeria

  IN DETAIL: The 11 projects funded by China’s $3.1bn loan to Nigeria

Documents seen by TheCable have shown that Nigeria is indebted to China to the tune of $3.121 billion dollars as

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DMO to offer N100bn FGN bonds

  DMO to offer N100bn FGN bonds

The federal government, through the Debt Management Office (DMO), will issue a N100 billion bond for subscription on June 26.

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FG to issue 30-year naira bond — first time in history

  FG to issue 30-year naira bond — first time in history

The Debt Management Office says plans in the works to issue a 30-year naira bond which would be the first

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Oniha: FG to float N100bn Sukuk in December

  Oniha: FG to float N100bn Sukuk in December

Patience Oniha, director general of the Debt Management Office (DMO), says another N100 billion Sukuk will be floated in December.

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Lagos reduces debt by $20m but retains highest foreign debt portfolio

  Lagos reduces debt by $20m but retains highest foreign debt portfolio

Lagos has retained its position as the state with the highest foreign debt in the country, with a foreign debt

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DMO: FG planning another Green bond to finance 2018 budget

  DMO: FG planning another Green bond to finance 2018 budget

The Debt Management Office (DMO) says the federal government will issue another Green bond to finance capital projects in the

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