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Tag "debt stock"

DMO: Nigeria’s public debt rose to N87.9trn in Q3 2023 — up by N530bn

    DMO: Nigeria’s public debt rose to N87.9trn in Q3 2023 — up by N530bn

The Debt Management Office (DMO) says Nigeria’s total public debt rose to N87.91 trillion in the third quarter (Q3) of 2023. DMO disclosed this on Wednesday. The latest figure represents

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‘FG keeps issuing promissory notes’ — DMO speaks on Nigeria’s rising debt stock

    ‘FG keeps issuing promissory notes’ — DMO speaks on Nigeria’s rising debt stock

The Debt Management Office (DMO) says Nigeria’s debt stock is increasing due to a combination of several factors, including borrowings and the continued issuing of promissory notes by the federal

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Udoma: Nigeria’s N24.39trn debt sustainable — despite revenue challenges

    Udoma: Nigeria’s N24.39trn debt sustainable — despite revenue challenges

Udoma Udoma, minister of budget and national planning, says despite the challenges to revenue generation, Nigeria’s rising debt stock is sustainable. The Debt Management Office (DMO) had released a report

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PDP: Buhari owes Nigerians huge explanation over N24.387trn debt

    PDP: Buhari owes Nigerians huge explanation over N24.387trn debt

The Peoples Democratic Party (PDP) says the President Muhammadu Buhari-led administration owes Nigerians a huge explanation for its “borrowing spree” — which it claimed “increased the country’s debt to N24.387

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