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DMO: State govs borrow N870bn from local banks, investors in 2022

The Debt Management Office (DMO) has disclosed that Nigerian state governors borrowed a total of N870 billion from local banks and investors in 2022.This...

DMO announces FGN savings bonds, invites investors

The Debt Management Office (DMO) has announced the availability of two tenors of FGN savings bonds for the month of March 2023, and is...

FG Raises N742.5bn From Sukuk Bonds In Five Years For Construction Of Over 71 Road Projects

Between 2017 and 2022, the Federal Government has raised the sum of N742. 56bn from the issuance of Sukuk Sovereign Bond for the construction...

Nigeria’s debt profile to hit N72trn, as govt plans another N8.8tn loan

The Debt Management Office (DMO) has raised concerns as Nigeria’s public debt is set to hit N72 trillion.Patience Oniha, the DG of DMO raised...

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