Abdulwahab Isa
Debt stock to IDA peaks at $11.7bn The Debt Management Office (DMO) has put Nigeria’s debt stock to International Development Association (IDA) at $11.7 billion as of June 30, 2021, describing it as one of…
Abdulwahab Isa
…seeks restructuring of N39bn World Bank loans Nigeria’s total debt stock comprising federal, states and the Federal Capital Territory (FCT) stood at N33.107 trillion or $87.239 billion as at March 31, 2021, the Debt Management…
Abdulwahab Isa
The Debt Management Office (DMO) has put Nigeria’s total public debt stock as at September 2020 at N32.223 trillion ($84.574 billion). The borrowing by various tiers of governments to contain COVID-19 pandemic increased debt stock,…
Onwuka Nzeshi
…says deficit rose from N1.4trn to N4.2trn The Debt Management Office (DMO) has said that the advent of the Coronavirus (COVID- 19) pandemic worsened Nigeria’s economic woes, as it forced the deficit in the 2020…
Abdulwahab Isa
The Debt Management Office (DMO) yesterday announced the resumption of the Federal Government’s savings bond offer for themonth of August. Subscription for the savings bond offer was suspended in April at the outbreak of the…
Abdulwahab Isa
The $3.121 billion loan facility Nigerian government obtained from China was deployed to 11 projects, Debt Management Office, DMO, clarified last night. The projects include Nigerian Railway Modernization Project (Idu-Kaduna section), Abuja Light Rail Project,…
Abdulwahab Isa
Buhari charges RMARC to mobilise funds from non-oil sources The Federal Government spent a total of N609,134,926,039.42 to service debt obligations between January and March 2020, latest debt service report posted last night by Debt…
