DMO
4 Apr
The Katsina government has refuted the claim by the Debt Management Office (DMO) that the Dikko Radda administration has escalated the state’s debt profile.
24 Mar
The total debt stock of Nigeria rose to N97.341 trillion or $108.229 as of December 31, 2023, the Debt Management Office (DMO) has said.The DMO revealed that Lagos State topped the list of most indebted states in Nigeria
22 Mar
Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO) on Friday in Abuja.
16 Mar
The Debt Management Office (DMO), says appointment of Transaction Advisers for issuance of Eurobond is subject to approval of the Federal Executive Council (FEC).
29 Feb
The secondary market turnover on the FMDQ Exchange in January 2024 was ₦21.07 trillion, representing a 41.1 per cent month-on-month (MoM) decrease and 61.6 per cent year-on-year (YoY) increase.
5 Feb
The Federal Government of Nigeria has announced the launch of new 2-year and 3-year Savings Bonds, offering attractive interest rates to investors seeking secure investment opportunities.
8 Jan
The Debt Management Office (DMO) listed two Federal Government of Nigeria savings bonds on Monday for subscription at N1,000 per unit.
21 Dec
Nigeria’s public debt hit N87.91 trillion at the end of the third quarter of 2023, following a marginal increase from the N87.38 trillion it was in the second quarter.
7 Nov
The Federation Account Allocation Committee (FAAC) disbursed N1.80 trillion to the three tiers of government in August 2023. That is N0.9 trillion lower than the N1.89 trillion it disbursed in July 2023.
16 Aug 2023
On monthly stipends of corps members alone, the Federal Government has spent at least N475.2 billion between 2020 and 2023, The Guardian estimates reveal.
4 Aug 2023
Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government’s (FGN) N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform. The 10-year 15.64 per cent Ijara Sukuk due 2032 was listed on NGX yesterday.
24 Jul 2023
What could be the centerpiece of President Bola Tinubu’s fiscal regime is gradually taking shape with a committee on tax reform inaugurated.
Latest
20 mins ago
Despite the exodus of university teachers and attendant shortage of manpower in public universities nationwide, the non-retention policy of the Federal Government has caused over 5,032 first-class graduates to languish in the job market and far away from the tertiary institutions that erstwhile retained them.
22 mins ago
As the whereabouts of former Kogi State governor, Yahaya Bello, remain unknown a week after he was declared wanted by the Economic and Financial Crimes Commission (EFCC) and placed on a watch-list by the Nigeria Immigration Service (NIS)
28 mins ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
34 mins ago
As Nigeria joins the rest of the world to mark the 2024 World Malaria Day, the progress in national malaria control is being threatened by the continued rising cost of anti-malaria drugs, which have gone beyond the reach of many Nigerians.
36 mins ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
37 mins ago
Ahead of May Day next week, workers are demanding a country that works for all and not just for some privileged few.
37 mins ago
The NPFL has fined Kwara United N6 million for allegedly thwarting the live broadcast of their week 31 game against Akwa United.
38 mins ago
To achieve the global malaria targets 2030, the World Health Organisation (WHO) Global Malaria Programme has launched a new operational strategy that will change the trajectory of malaria trends.
38 mins ago
President Bola Tinubu and President of the Senate, Godswill Akpabio, have promised to give fresh direction to the justice sector in the country through a holistic overhaul.
39 mins ago
Governor Babagana Zulum of Borno State has urged the Army to establish military formations in Sambisa Forest and the Mandara Hills, bordering Cameroon and Chad in the North East, to counter terrorism in the areas.