Nigeria’s public debt tops N49 trillion
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95Â trillion (108.30Â billion dollars). According to a statement obtained from the DMO official…
Debt: Nigeria cannot cede assets, sovereignty to China- DMO
The Debt Management Office (DMO) has clarified that loans from China to Nigeria, which presently stood at 3.59 billion dollars, constitutes only 9.4 per cent  of the country’s total foreign…
FG offers 2, 3-year savings bonds at 4.131%, 5.131% for March — DMO
The Federal Government has offered for subscription two-year savings bond at 4.131 per cent and three-year savings bond at 5.131 per cent per annum, the Debt Management Office (DMO) has…
Nigeria, Argentina top debt refinancing risk nations, IIF says
Latest analysis by the Institute of International Finance, IIF, has alerted to an emerging high dollar refinancing risk for Nigeria and Argentina where over three-quarters of redemption of their growing…
FG makes N50.45bn from May bonds auction
The Federal Government has recorded N50.45 billion from its May bonds auction, lower than the N70 billion it targeted to raise, the Debt Management Office (DMO), has said. According to…
Don’t give loan to el-Rufai, Kaduna senators warn banks
The three senators representing Kaduna State in the National Assembly have advised local and foreign banks against granting loan to Kaduna State Government. The senators, Shehu Sani, Suleiman Hunkuyi and…
PDP to APC: You have failed Nigerians
Prince Uche Secondus, Peoples Democratic Party (PDP) National Chairman claimed that the government of the All Progressives Congress (APC) has failed because it couldn’t fulfil its promises to the people….