DMO

Nigeria’s External Debt Is Now ₦49.85trn, Up From ₦46trn

The Debt Management Office says Nigeria’s total foreign debt for the period ending March 31st, 2023, stands at ₦49.85 trillion… Read More

11 months ago

DMO Boss Blames Buhari, Former Presidents For Increase In Budget Deficits

The Debt Management Office (DMO) said Nigeria’s rising debt profile is due to the increase in the government’s budget deficits… Read More

12 months ago

Fear Of Nigeria Losing Infrastructure To China Over Debt Forces DMO To React

The Debt Management Office (DMO) has reacted to claims that Nigeria has been unable to meet its debt obligations to… Read More

1 year ago

DMO Blames FG’s Numerous Promissory Notes For Nigeria’s Rising Debt

The Director-General of the Debt Management Office (DMO), Patience Oniha, has blamed budget deficits and numerous promissory notes as reasons… Read More

1 year ago

Breakdown Of How Nigeria’s Debt Will Rise Over N70 trillion In June

Nigeria’s public debt could rise to N72 trillion, from the N44 trillion reported as of September 2022, the Debt Management… Read More

1 year ago

Nigerian Govt Struggles To Borrow, As Foreign Investors Prefer US, Germany, Others

Nigeria is losing investors to G-7 securities - United States, Germany, France, Japan - as creditors avoid underdeveloped and developing… Read More

1 year ago

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… Read More

2 years ago

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… Read More

2 years ago

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… Read More

2 years ago

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Director-General of Debt Management Office (DMO), Patience Oniha, said investing in bonds offered by the Federal Government of Nigeria is… Read More

2 years ago

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