The Debt Management Office (DMO) has said Nigeria’s total debt rose by N191 billion in the first quarter of 2021 to N33.107 trillion from N32.916 trillion...
The Federal Government’s bonds for March worth N150bn which were auctioned on Wednesday were oversubscribed by N183.48bn, the Debt Management Office has disclosed. The total subscription...
Nigeria Pays $500 Million Eurobonds Issued in 2011 Today The Federal Government has redeemed the $500 million Eurobonds issued to investors in 2011 today, Thursday 28,...
Nigeria’s Total Debt Stock Rises to N31 Trillion in H1 2020 The Debt Management Office (DMO) has said Nigeria’s total debt stock stood at N31.009 trillion...
National Assembly Plans to Review Loans Owed to China The National Assembly has announced plans to review loans accessed by the Federal Government between 2000 and...
G20 to Suspend Repayment of Sovereign Debts for Low Income Nations The Group of 20 is about to approve a deal that would allow low-income nations...
Nigeria’s Debt Rises to N27.4 Trillion Says DMO The Debt Management Office on Wednesday said the nation’s total public debt rose to N27.4 trillion as of...
DMO Says Coronavirus to Disrupt Debt Plans The Debt Management Office said the fast-spreading coronavirus will disrupt Federal Government’s plans on debt. Patience Oniha, the Director-General,...
FG Abandons $22.7bn Loan As Coronavirus Disrupts Plans The Federal Government has abandoned its plan to borrow $22.7 billion external loan amid fast-spreading coronavirus and rising...
FG Spends N2.1trn Servicing Debt in 2019 Nigeria’s rising debt from both local and foreign lenders continues to gulp a larger part of the nation’s budget....