6 Aug 2021
Erudite Economist and professor emeritus, Olu Ajakaiye has expressed shock and disbelief that the Debt Management Office (DMO) has resorted to borrowing $6.2 billion fresh capital
8 Jul 2021
Following yesterday’s approval by Senate of a fresh $6.18 billion external loan request by the executive, there are indications that Nigeria’s documented public debt may exceed N35.5 trillion before end of the year.
7 Jul 2021
Of late, African leaders spotted a defining moment and seized the opportunity to recklessly borrow money with certain confidence guided by propaganda that a bright and prosperous future beckons for the continent
5 Jul 2021
The Debt Management Office (DMO) on Monday offered for subscription more Federal Government bonds at N1000 per unit.
31 May 2021
Despite the negative toll the debt profile is having on the Nigerian economy, the Debt Management Office (DMO) has insisted that the nation’s debt is still sustainable
25 May 2021
Stakeholders are unsettled over the Federal Government’s plan to borrow a fresh $6.18 billion (N2.343 trillion) amid a rising debt profile, which may push the country’s debt to about N36 trillion...
31 Mar 2021
Two standing committees of the Senate have come down hard on two agencies seeking foreign loans and approval of their 2021 budget proposals.
22 Mar 2021
In the data world, like every other genre of science, there is no room for ambiguity but sufficient allowance for those who want to read the motive of the information source.
21 Mar 2021
Nigeria’s external debt is considered to be the biggest in sub-Saharan Africa and has already been rescheduled several times.
23 Dec 2020
The Debt Management Office (DMO) says a total of N60 billion bond it offered for the month of December had been oversubscribed by more than N70 billion.
22 Aug 2020
The Debt Management Office (DMO) has denied a media report on Saturday about an alleged N1 08 billion fraud at the agency. A statement by the DMO Director General, Ms.Patience Oniha described the report as a fabrication by a section of disgruntled staff protesting a recent deployment exercise undertaken by the DMO management. She described…
11 Aug 2020
In the past few days, the public space has been awash with comments and outrage on the hearings at the Federal House of Representatives concerning the Chinese loan agreements Nigeria entered into to the tune of $500 million for the part-financing of its rail projects