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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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
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
Documents seen by TheCable have shown that Nigeria is indebted to China to the tune of $3.121 billion dollars as of March 31, 2020. According to the Debt Management Office
The federal government, through the Debt Management Office (DMO), will issue a N100 billion bond for subscription on June 26.
The Debt Management Office says plans in the works to issue a 30-year naira bond which would be the first
Patience Oniha, director general of the Debt Management Office (DMO), says another N100 billion Sukuk will be floated in December.
Lagos has retained its position as the state with the highest foreign debt in the country, with a foreign debt
The Debt Management Office (DMO) says the federal government will issue another Green bond to finance capital projects in the
Nigeria’s total debt rose slightly by 4.5 percent to N22.7 trillion in the first quarter of 2018, the country’s debt
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