The Senate raised an alarm that Nigeria’s total debt profile now stands at N33trillion, with the approval of the $22.7billion foreign loan request
The DMO has revealed that the Coronavirus outbreak would affect the FG's ability to service Nigeria's debt which is currently about N26.2 trillion.
The DG/CEO of DMO, Patience Oniha, has cautioned Nigerians against blaming President Muhammadu Buhari for the increase in Nigeria’s debt.
It has been disclosed that the FG would put a stop to borrowing from the international market as the government opted for the domestic debt market.
If there is anything that should ignite national discussion in the 2019 budget than others, it is the debt conundrum and future implications.
Just a day after Patience Oniha of the Debt Management Office (DMO) disclosed that the Federal Government has no plan to return to Eurobonds market this...
The Federal Government said it has no plans to return to Eurobonds market this year. The Director-General of the Debt Management Office (DMO), Patience Oniha, disclosed...
The Debt Management Office (DMO) has listed its first Eurobonds on the FMDQ Securities Exchange and the Nigerian Stock Exchange (NSE).
FG have disclosed that the country's infrastructure was not mortgaged in the loan agreement between the country and China-Exim bank.
The Federal Government plans to borrow N1.6 trillion from both international and local sources to finance the 2019 budget.