Debt Management Office
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News
Rising debt affecting investment in infrastructure, others – DMO
The Director General of the Debt Management Office, Patience Oniha, has said that high debt levels lead to high debt…
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Economy
Debt servicing draws Nigeria closer to Lebanon crisis
Nigeria is edging closer to a Lebanon financial crisis that has caused the country to see a high rate of…
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Economy
Debt servicing: Nigeria paid $598.59m to World Bank, China in 2021 – Report
Nigeria spent $598.59m on servicing the debts owed to the World Bank and the Exim Bank of China in 2021,…
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News
How Nigeria can lower debt service-to-revenue –DMO
The Debt Management Office has said that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like…
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Economy
Rising govt debt caused by increasing budget deficit - DMO
The Debt Management Office has said that the reason for Nigeria’s rising government debt levels is due to increasing budget…
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Economy
Govt borrowings not necessarily bad -DMO
The Director-General of the Debt Management Office, Patience Oniha, has said borrowings by countries to finance budget deficits and critical…
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Economy
Lagos, Ogun, Rivers lead as states’ debts hit N6.43tn in 2021
The domestic debts owed by state governments and the Federal Capital Territory Administration rose to N6.43tn at the end of…
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Economy
FG incurs N950bn new domestic borrowing in Q1 2022 – DMO
THE Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office…
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Economy
Nigeria’s debt set to peak at N45tn in 2022, says DMO report
The total debt stock of Nigeria is likely to reach N45tn as the Debt Management Office plans to borrow an…
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Economy
Nigeria borrowed N6.64tn, serviced debt with N2.93tn in 2021 -DMO
THE Debt Management Office on Thursday said Nigeria’s total public debt stock increased to N39.56tn in 2021 from N32.92tn in…
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