Nigeria's domestic debt servicing costs surged to N874.13 billion, while its expenditure on external debt servicing soared to $801.36 million (equivalent to N368.87 billion)
Nigeria’s external debt profile has been a cause for concern in recent times, and a new report from the Debt Management Office (DMO) reveals that the...
The World Bank’s recently released Macro Poverty Outlook for Nigeria has highlighted the nation’s constant fiscal deficit as a major contributor to its public debt stock....
Nigeria’s borrowing from China jumped a whopping 209.15 percent under President Muhammadu Buhari’s administration. This startling revelation was disclosed by the Debt Management Office (DMO) which...
Nigeria’s Vice President, Prof. Yemi Osinbajo has commended the Chinese government for the loans given to African countries and its repayment system. According to Osinbajo, the...
Corporate Debt Capital Issuance Recovered Over 2022 Following the sharp decline in corporate debt capital issuance over 2021 of 38%, a record NGN1.5 Trillion (USD 3.2...
A total of 577 bids worth N724.9 billion were received for the N360 billion amount offered, with the total amount allotted being N771.56 billion.
The Federal Government has explained that it expended the sum of N612.56bn gotten through Sovereign Sukuk between 2017 and 2021 on construction and rehabilitation of 77...
President Muhammadu Buhari has obtained the approval of the House of Representatives, to access a fresh N1 trillion loan from the Ways and Means Advances (WMAs)...
Nigeria’s public debt burden will hit N77tn if the National Assembly approves the request by the President Muhammadu Buhari to restructure the Ways and Means Advances.