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Debt Management Office - Page 2

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

The Debt Management Office (DMO) has refuted claims that Nigeria plans to restructure its debt, stating that the Finance Minister of the country, Zainab Ahmed, was misquoted. Bloomberg had reported that Ahmed stated Nigeria will reorganise its debt and extend repayment tenor through

October 14, 2022

Business

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

The Director- General of Debt Management Office (DMO), Patience Oniha, has defended Nigerian government’s debt during a presentation at the Executive Course on Budgeting and Fiscal Transparency, in Abuja. Oniha said loans obtained to fund fuel subsidy played a significant role in the

September 28, 2022

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Business

Nigerian Gov’t’s Debt Rises By N3.28 trillion In Six Months

The total debt stocks of the Federal Government of Nigeria, the 36 state governments and the Federal Capital Territory increased by N3.28 trillion in the first six months of this year. According to the Debt Management Office (DMO), the total debt stock,

September 20, 2022

Business

DMO DG, Patience Oniha, Tackles FG’s Budget Deficit, Ask NASS To Scrutinise It

In a bid to reduce the debt profile of Nigeria, the Director-General of the Debt Management Office (DMO), Patience Oniha, has urged the National Assembly to scrutinise the budget of the Federal Government. Oniha said the federal government has been running a deficit

September 2, 2022

Business·Finance & Economy·News

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

The Debt Management Office (DMO) said petrol subsidy is reducing Nigeria’s revenue and increasing Nigeria’s debt, which rose from N39.56 trillion recorded at the end of December 2021, to N41.6 trillion at the end of first quarter 2022. Nigeria’s debt – the

August 25, 2022

Business

Top Five Nigerian States With Highest Domestic Debt

The 36 states in Nigeria, including the federal capital territory, Abuja, have a domestic debt profile of N4.84 trillion as at the end of first quarter 2022, rising from the N4.46 trillion reported for the period of fourth quarter 2021. This is

June 14, 2022

Business·Insights

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

Nigerians now owe over N200,000 to both domestic and foreign creditors due to the rising public debt of the Federal and State governments, which rose to N41.60 trillion in the First Quarter (Q1) of 2022. According to the public debt data obtained

June 9, 2022

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Debt Management Office - Page 2

DMO Denies Buhari Seeking Debt Restructuring, As Claim Threatens Foreign Investors’ Confidence

Nigeria’s Debt Office Defends Rising Debt Under Pres. Buhari

Nigerian Gov’t’s Debt Rises By N3.28 trillion In Six Months

DMO DG, Patience Oniha, Tackles FG’s Budget Deficit, Ask NASS To Scrutinise It

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

Top Five Nigerian States With Highest Domestic Debt

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

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