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.
According to report by POLITICS NIGERIA,...
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 London/Paris Club obligations for the benefit...
DMO says Nigeria reducing debt service cost by accessing World Bank loans, says it’s...
The Debt Management Office (DMO) says Nigeria is actively reducing debt service cost by accessing World Bank loans.
The office took this position in a...
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 on Wednesday, the DMO said it...
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 fourth quarter (Q4) of...
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 the sum of N2.129...
DMO raises N615.557bn Sukuk funds in 4 years
The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four...
DMO DG to x-ray Nigeria’s public debt at CAMCAN workshop
The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, will lead other market regulators to discuss the prospects of Nigeria's public debt...
N250bn Sovereign Sukuk offer attracts N865bn subscription –DMO
The Debt Management Office (DMO) has said that the N250 billion Sovereign Sukuk offer attracted unprecedented subscription of over N865 billion.
Director-General of the DMO,...
Low-income countries’ debt rises to $860bn in 2020- World Bank report
Low-income countries’ debt rose by 12 per cent to 860 billion dollars in 2020, the International Debt Statistics (IDS) 2022 report of the World...
