FEC approves $2.2bn external borrowing plan – Edun
Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. Mr
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DEBT
Eurobond Transaction Advisers’ appointment requires FEC and NASS approval – DMO
The Debt Management Office (DMO) has clarified that the appointment of Transaction Advisers for the issuance of Eurobond is contingent
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Nigeria’s debt profile hits N89.71trn – DMO
The Debt Management Office (DMO) has said Nigeria’s public debt profile has increased to N89.71 trillion at the end
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Nigeria’s total debt hits N87.37trn in Q3 2023 —DMO
The Debt Management Office (DMO) said on Friday that Nigeria’s debt stock stood at N87.37 trillion as at September 30,
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Buhari Seeks Senate’s approval for fresh $556mn, £98mn, N226bn judgment debt payments
President Muhammadu Buhari has called upon the Senate to grant approval for the payment of a substantial judgment debt.
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FG halts deductions from State accounts over Paris Club debt
The Federal Government of Nigeria has agreed to suspend further deductions from State Governments’ accounts to fulfil their
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DMO says Nigeria reducing debt service cost by accessing World Bank loans, says it’s cheaper
The Debt Management Office (DMO) says Nigeria is actively reducing debt service cost by
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DMO denies reports that Nigeria defaults on China loan repayment, says ‘It is false’
The Debt Management Office (DMO) has debunked claims that Nigeria defaulted in loan repayment to China. In a statement
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Nigeria’s public debt hit N46trn in Q4 2022, rises by N6trn from 2021 -DMO
The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt hit N46.25 trillion at the end of the
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DMO clarifies alleged N2trn FG borrowing
The Debt Management Office (DMO) on Tuesday clarified media reports that claimed that the Federal Government of Nigeria had raised
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