Tag: DMO
Debt servicing gulps N2.34tn in six months – DMO
Nigeria’s debt servicing spending slowed to N849.58bn in the second quarter of 2023. This, according to The Punch, was a decrease by ...Nigeria’s low revenue worries DMO as debt nears N81tn
Nigeria’s total public debt may hit N81.64tn this year. According to findings by The Punch, the figure was arrived at based on ...Nigeria reducing debt service cost by accessing World Bank loans, says DMO
The Debt Management Office has said Nigeria is actively reducing debt service cost by accessing World Bank loans. The office took this ...Debt servicing rose by 14.68% in 2022 – DMO
Data from the Debt Management Office has shown that Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in ...DMO speaks on Nigeria’s rising debt stock
The Debt Management Office has said Nigeria’s debt stock is increasing due to a combination of several factors, including borrowings and the ...Nigeria’s public debt hit N46 trillion in Q4 2022, up by N6trillion from 2021, says ...
Nigeria’s public debt hit N46 trillion in Q4 2022, up by N6trillion from 2021, says DMO The Debt Management Office has said ...Incoming president to inherit N77 trillion debt – DMO
Director-General, Debt Management Office, Patience Oniha, has said the incoming administration would inherit about N77 trillion as debt by the time President ...House of Reps raise alarm as Nigeria’s debt hit an all-time high of N42.84trn
The House of Representatives has said the country’s increasing debt profile which now stands at N42.84 trillion is a cause for alarm. ...