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Tag Archives: DMO

Nigeria’s Public Debt Rises to N121. 67 Trillion – DMO

Nigeria’s Public Debt Rises to N121. 67 Trillion – DMO

The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The Director-General of the DMO, Patience Oniha, made this known in a statement on Friday in Abuja. Oniha said that the debt stock comprised the total external and domestic debts of …

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DMO Offers Additional FG Bonds for Subscription at N1000/ Unit

DMO Offers Additional FG Bonds for Subscription at N1000/ Unit

The Debt Management Office (DMO) on Monday offered additional Federal Government bonds for subscription at N1,000 per unit, according to information published on its website. The DMO said that the offer was for the Federal Government of Nigeria Savings Bond with the following details:   “Two-year FGN Savings Bond due …

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DMO Places Nigeria-China Debt at $2.02 Billion in Six Years

DMO Places Nigeria-China Debt at $2.02 Billion in Six Years

…As $719.61m used to service Chinese loans since inception in 2015 The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office (DMO) on Monday showed. According to the statistics obtained from the DMO, Nigeria’s total debt from China as of June …

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