As of June 30, 2024, the combined debt of Nigerian states surged to N11.47 trillion, marking a significant 14.57% rise from the N10.01 trillion reported in...
Nigeria’s debt to China rose by $800 million in the span of one year, increasing from $3.93 billion as of June 30, 2022, to $4.73...
The Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government’s N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform....
The Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds has risen to N5.06 billion in the first five months...
Those clamouring for a reduction in Nigeria’s debt profile have one more arsenal in their armoury, with the country failing to meet her financial obligations...
The Federal Government of Nigeria raised the sum of N724.9 billion through the instrument of bond auction in February 2023. The Debt Management Office (DMO) volunteered...
The Debt Management Office (DMO) has presented cheques of N130 billion being Proceeds of the 2022 Sovereign Sukuk offer to the implementing ministries. The cheque presentation...
It’s a bag of mixed fortunes for the Nigerian Railway Corporation (NRC) with debt servicing spiking while revenue has been dwindling over the years. The...
By Edozie Obasi-Eze The Debt Management Office (DMO) has revealed that the Federal Government (FG) spent N2.49tn servicing debts between January and September, 2021. A...
ABUJA – The Director-General, Debt Management Office, Dr. Abraham Nwankwo has disclosed that Nigeria’s external debt profile has risen to $11 billion as at last week...
