DMO refutes earlier reports, says Nigeria is not restructuring its debt

DMO says it raised over $15 billion to boost foreign exchange

DMO has come out to clarify comments made by the Minister of Finance on Nigeria’s debt

Telecoms operators say banks’ USSD debt has increased to N80 billion

September 29, 2022

Telecommunications operators in Nigeria said banks’ debt to them for the provision of Unstructured Supplementary Service Data (USSD) has increased ...

Possible Terror Attack: Buhari tells Nigerians to “be alert” and not panic

Nigeria’s debt-to-GDP ratio rises to 23.3% as debt stock rises to N41.6 trillion in Q1 2022

bySamuel Oyekanmi

June 9, 2022

2

Nigeria’s total debt stock rose to N41.6 trillion in the first quarter of 2022...

Aliko Dangote’s $19 billion refinery to be inaugurated by President of Nigeria

$5.8 billion fresh loan: SERAP urges Buhari to issue moratorium on borrowing

byChike Olisah

December 19, 2021

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Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to issue an immediate moratorium on borrowing by the ...

Senate approves Buhari’s $16 billion, €1 billion foreign loans, $125 million grant

byChike Olisah

November 10, 2021

1

The Senate on Wednesday approved the sum of $16,230,077,718 and €1,020,000,000 as foreign loan requested by President Muhammadu Buhari. The ...

Reactions trail President Buhari’s signing of the Petroleum Industry Bill

President Buhari seeks Senate approval to borrow $4 billion

byWilliam Ukpe

September 14, 2021

1

President Muhammadu Buhari has sent a letter to the Senate requesting to borrow over $4 billion from external lenders to ...

FG borrowing sensibly to invest in critical infrastructure – Finance Minister

byWilliam Ukpe

August 31, 2021

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The Federal Government has urged that it is borrowing sensibly and also to invest in critical infrastructure including power, water, ...

Nigerian states with the highest debt per population

bySamuel Oyekanmi

July 19, 2021

2

An average individual in Nigeria based on equal allocation owes an aggregate of N162,000 of Nigeria's total debt.

Economy: Reviewing FG’s 2019 revenue performance, Budget financing: Will selling government assets do the trick?

Nigeria records debt service to revenue ratio of 98% between January & May 2021

bySamuel Oyekanmi

July 4, 2021

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Nigeria is spending practically all of its revenue on servicing debts, opening the nation up to more loans in the ...

Debt management office, DMO,Nigeria's Debt to revenue ratio, DMO suspends April 2020 FGN savings bond offer

DMO announces April 2021 FGN Savings Bond offer for subscription

bySamuel Oyekanmi

April 6, 2021

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The DMO, on behalf of the Federal Government of Nigeria, has offered for subscription, the April 2021 FGN Savings Bond.

Tag: debt