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Debt Management Office
FG converts N850 bn external borrowing to domestic – DMO
The Debt Management Office (DMO) says the Federal Government has reappraised its Borrowing Plans and decided to raise the N850 billion earlier approved as External Borrowing from Domestic Sources.
Viable alternatives to the jumbo loan
We have argued in the second part of our comment why it is a bad piece of news to take another jumbo loan to grow our economy and meet other national challenges.
Sanwo-Olu appoints five new permanent secretaries
The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the appointment of five new Permanent Secretaries. A circular released in Lagos on Monday by the Head of Service, Mr Hakeem Muri-Okunola...
Nigeria’s public debt grows to N26.215trillion
From the N12.118trillion level of indebtedness at takeover by June 2015, the current administration of President Muhammadu Buhari has grown Nigeria’s public debt to a new height...
Nigeria public debt stands at N26.2 trillion, says DMO
The Debt Management Office (DMO) says the total public debt as of September 2019 stood at N26.215 trillion. The Director-General of DMO, Ms Patience Oniha...
Some public debts yet to be captured - Minister of Finance
18 Oct 2019
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Thursday, said there were debts owed by states and government enterprises that had not been captured.
NSE recorded N29.07 billion total assets in 2018
2 Oct 2019
The Nigerian Stock Exchange (NSE) has increased its total assets to N29.07 billion in its 2018, against N26.69 billion recorded in the corresponding period in 2017.
DMO raises N147b to fund 2019 budget
26 Sep 2019
The Debt Management Office (DMO) yesterday raised N146.60 billion to fund the 2019 federal budget. Its Director-General, Patience Oniha, said the money was raked from the monthly auction of FGN Bonds it conducted for three Instruments with tenors of five-year
My administration had best debt profile – Ajimobi
11 Aug 2019
The immediate past governor of Oyo State, Abiola Ajimobi, says his administration had the best debt profile in the country. Ajimobi told newsmen on Sunday at his Ibadan residence after the Eid-el-Kabir prayers...
FGN bonds record N13.44 billion investment in two years
7 Aug 2019
The Debt Management Office (DMO), has announced that the Federal Government (FGN) savings bond established in May 2017, has recorded a total of N13.44 billion investment.
DMO lists FGN second N100 billion Sukuk on NSE
25 Jul 2019
Debt Management Office (DMO) Nigeria, has listed the second ₦100 billion, seven-Year, FGN Sukuk due to mature in 2025, on the Nigerian Stock Exchange (NSE) platform.
Why Nigeria, others should explore export, PPP to check debt vulnerabilities
16 Jul 2019
Rising indebtedness may be a global phenomenon, but the debt levels of developing countries are amplifying their economic vulnerability, the United Nations Conference on Trade and Development’s (UNCTAD) new research warns.