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DMO

16 Sep 2021
The country’s national debt stock hit N35.5 trillion at the end of June 2021, the Debt Management Office (DMO) revealed yesterday. The new figure is 7.75 per cent higher than the N32.9 trillion...
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
Buhari
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…

Latest

3 hours ago
There was pandemonium in Ondo State as the pastor of a pentecostal church, David Anifowoshe, was arrested by the police for allegedly abducting more than 77 people, including children in a dungeon in his church. Anifowoshe, who is the pastor of Whole Bible Deliverance Church, located in Valentino Area of Ondo West LGA of the…
5 hours ago
Seun Kuti, son of Afrobeat legend Fela Kuti, has cancelled a concert in Morocco to mourn last week's tragedy on the border of Spain's Melilla enclave in which at least 23 African migrants died. Saxophonist and singer Kuti had been set to play on Saturday at the Jazzablanca festival in the Moroccan port city of…
5 hours ago
Demonstrators held rallies in several Spanish cities and in Rabat late Friday to protest over the deaths of 23 African migrants who died in a crush trying to enter the Spanish enclave of Melilla in northern Morocco. Thousands of protesters gathered in Barcelona, Malaga, Vigo and San Sebastian and in Melilla itself to denounce migration…
6 hours ago
One migrant was killed and at least six others, including a teenage girl, were injured Saturday in a shootout between migrant groups in Serbia near the Hungarian border, the state-run RTS television reported. The 16-year-old girl sustained life threatening injuries in the incident that occurred in a forest in the outskirts of Subotica, some 160…
6 hours ago
Are you planning to switch to a healthy diet? A great breakfast snack to include is a chicken wrap. Not only is it packed with healthy goodness, but it is also a delicious meal you can enjoy at any time of the day.  Need to make a healthy chicken wrap? This is the recipe you…