Top 10 Nigerian states with the highest domestic debt in Q3 2024
According to the latest subnational debt report by the Debt Management Office (DMO), the domestic debt of the 36 states ...
Tag: DMO
News and analysis about DMO
DMO announces results of January 2025 FGN bond auction, raises N669.94 billion
The Debt Management Office (DMO) has released the results of the January 2025 Federal Government of Nigeria (FGN) bond auction. ...
Tinubu inherited N87.38 trillion debt, not N21 trillion – DMO clarifies
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in ...
FG plans to raise N450 billion from January 2025 FGN bond auction
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), has disclosed plans to generate N450 billion through ...
Nigeria’s debt service costs rise to N3.57 trillion in Q3 2024 – DMO
Nigeria’s total debt service costs climbed to N3.57 trillion in the third quarter of 2024, up by N60 billion or ...
Nigeria’s public debt rises by N8.02 trillion to N142.3 trillion in Q3 2024
Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97% (N8.02 trillion) ...
FG raises N211.144 billion from December FGN bond auction
The Federal Government raised a total of N211.144 billion from its December 2024 bond auction, significantly lower than the N346.155 ...
FG plans to raise N120 billion in December bond auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N120 billion through the ...
More loans, more pains and the season of discontent
I hear that the National Assembly has approved the external borrowing of $2.2 billion for the Tinubu administration to address ...
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu
Nigeria's Debt Management Office (DMO) reports that the federal government's Promissory Notes debt surged to N1.65 trillion as of June ...
