LAGOS DMO INSPECTS BLUE RAIL LINE PROJECT
June 17, 2022 The Permanent Secretary, Debt Management Office, Mrs. Rukayat Alake Sanusi, has inspected the progress of work on the Blue Rail Line project in anticipation of a visit…
Internal borrowing: DMO says Nigeria’s debt stock likely to increase by N720bn in Q2
April 5, 2022 The Debt Management Office (DMO) has released schedule of local borrowings of about N720billion by the Federal Government for the second quarter. The schedule is contained in…
There’re statutory laws regulating borrowings – DMO
March 24, 2022 The Debt Management Office (DMO), says borrowings by countries to finance budget deficits and critical infrastructure is not necessarily bad. Patience Oniha, the Director-General of DMO said…
Nigeria emerges first in Africa to access ICM, raises $1.25bn Eurobonds
March 18, 2022 Nigeria has officially raised 1.25 Billion dollars through the issuance of a seven-year Eurobonds in the International Capital Market (ICM). In a statement by the Director-General of…
Paris Club Refund: Hearing in 36 governors’ $418m debt suit stalled
Dec. 21, 2021 A suit filed by the 36 state governors over plan to deduct monies accruing to them from the federation account to settle 418 million dollars judgment debt…
Governors pledge to mediate in doctors’ strike
Aug. 27, 2021 The Nigeria Governors’ Forum (NGF) has resolved to take a mediatory role to resolve the ongoing strike by the Nigeria Association of Resident Doctors (NARD). The forum…
Lagos accounts for 12.31% of total domestic debt stock as FG, States owe N33.11tn in external, domestic debt in Q1 – NBS
June 24, 2021 The Federal and State governments are owing N33.11 trillion in public debts, as at March 31, according to latest figures released by the National Bureau of Statistics…
Buhari seeks senate approval for $6.183 bn external loan
May 18, 2021 President Muhammadu Buhari has sought the approval of the Senate for an external loan of 6.183 billion dollars, to fund the deficit of N5.602triillon in 2021 Appropriation…
DMO says Lagos is a top-level player in Nigeria capital market as Fitch begins rating review exercise
The Permanent Secretary, Debt Management Office (DMO), Mr. Olujimi Ige, has described the Lagos State Government as a responsible issuer and player in the Nigerian Capital Market, just as he…
FEC approves new debt management strategy 2020 – 2023 –DMO
The Federal Executive Council (FEC) has, at its meeting on Wednesday, approved a new Medium Term Debt Management Strategy (MTDS) for Nigeria, for the period 2020-2023, according to the official…