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…
Budget deficits, low revenue responsible for rising debt – DMO
May 14, 2023 The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile. The Director-General of the DMO, Patience…
Nigeria’s Debt Expected To Hit N77trn – DMO
January 5, 2023 Nigeria’s debt is expected to hit N77 trillion in the coming year, according to the Debt Management Office (DMO). Channels Television reports that the Director General of…
Nigeria’s public debt stock hits N42trn, over 58% external debt stock concessional, semi-concessional loans – DMO
September 20, 2022 The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars)…
 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…
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…
Nigeria has no plans to be in the int’l debt market this year – DMO
Nigeria has no plans to tap the international debt market this year due to the time constraints before the end of its budget cycle, the head of the government’s debt…
Professor Moghalu, Durojaiye, Oniha, others for The Bullion Lecture Today
Professor Kingsley Chiedu Moghalu, former Deputy Governor, Central Bank of Nigeria, will deliver The Bullion Lecture 2018 today in Lagos. Professor Moghalu, currently the President, Institute for Governance and Economic…