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Business

‘Investors Will Go To Ghana If We Fail To Fix Infrastructure’- DMO Seeks Subscribers For N150bn Sukuk Bond

The Director-General of the Debt Management Office, Patience Oniha, has said that more investors will dump Nigeria for Ghana if the country’s infrastructure is...
Business

DMO Invites Nigerians To Invest In FGN Bond With 12% Interest Rate

The Debt Management Office has opened the offer for subscription of two-year and three-year Federal Government of Nigeria bonds for October with an interest...
Business

Nigerian govt loses N2.34trn to debt service in six months, as loan burden grows

Within six months of 2023, over N2.34 trillion was spent by the Federal Government of Nigeria to service the country’s debt, which rose to...
Business

DMO says Nigeria’s total public debt increased by N37.53trn in 3 months

The Debt Management Office (DMO) has revealed that Nigeria’s total public debt rose by 75.29 per cent to N87.38 trillion in the second quarter...
Business

Coup: Money Earmarked To Prosecute War In Niger Republic Should Be Used To Increase Minimum Wage, Expert Advises Tinubu

A United States-based financial expert, Kalu Aja has warned that Nigeria may not be able to sustain the war it is starting with Niger...
Business

DMO boss, Oniha, counsels incoming govt on debt management, borrowings

incoming govt on management, not borrowing
Business

DMO Reacts To THE WHISTLER Report On N110.31bn China Railway Debt

The Debt Management Office (DMO) has reacted to THE WHISTLER report on Nigeria’s alleged failure to service its China-owed railway debt.The principal and the...
Business

DMO Reacts To THE WHISTLER Report On N110.31 China Railway Debt

The Debt Management Office (DMO) has reacted to THE WHISTLER report on Nigeria’s alleged failure to service its China-owed railway debt.The principal and the...
Business

Nigeria Fails To Service N110.31bn China Railway Debt, Sector Generates N12bn

The Federal Government In the last two years ending December 2022, has failed to service the railway debt owed China which has accumulated the...
Business

DMO offers two FGN savings bonds at N1,000 per unit

Two Federal Government of Nigeria (FGN) savings bonds have been issued by the Debt Management Office (DMO), with the subscription period falling between April...
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