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DMO pegs debt service-to-revenue ratio at 73.5%, says it’s unsustainable

The Debt Management Office (DMO) says Nigeria’s debt service-to-revenue ratio in 2023 stands at 73.5 percent, describing the figure as unsustainable and a threat. This is contained in DMO’s recent

DMO: Nigeria’s debt-GDP will increase from 25% to 40%

The federal executive council (FEC) has approved a new medium-term debt management strategy (MTDS), that will guide the government in its borrowing activities for the period 2020-2023. The new MTDS

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