Stop Borrowing, DMO Cautions FG
The Debt Management Office (DMO) has issued a warning to the Federal Government (FG) against additional borrowing, citing that 73.5% of this year’s revenue will be used to…
Tinubu’s Administration Invites Nigerians to Buy Bonds With N1000 Per Unit
The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN) saving bonds for a subscription at N1,000 per unit.Information Guide Nigeria According to a statement…
China states three conditions to listen to Nigeria over debt
Nigeria’s debt to China has increased by a staggering 209 percent under the administration of President Muhammadu Buhari, according to data obtained from the Debt Management Office (DMO)….
DMO reveals why FG’s debt is rising
The Debt Management Office, DMO has attributed Nigeria’s growing debt stock to budget deficits, continuous issuance of promissory notes and other borrowings as well as low revenue generation….
‘ECOWAS Countries’ Debts Will Continue To Increase’
‘ECOWAS Countries’ Debts Will Continue To Increase’ The Debt Management Office (DMO) has cautioned that the sovereign debts of Nigeria and other sub-Saharan African countries will continue to…
BREAKING: Nigeria’s Public Debt Currently N39.556trn
BREAKING: Nigeria’s Public Debt Currently N39.556trn The total public debt of Nigeria has risen to N39.556 trillion ($95. 770 billion), the Debt Management Office (DMO) said at an…