Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in 2022, data from the Debt Management Office has shown. According to DMO, N2.93tn...
Federal Government’s borrowing from China has grown by 209.15 per cent under President Muhammadu Buhari administration. This is as total bilateral loans rose by 219.91 per...
The nation’s public debt stood at N46. 25 trillion, as at the end of December 2022. According to the Debt Management Office (DMO), which released the...
The Lagos Chamber of Industry as well as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture have expressed dismay at the recent revelation...
The Debt Management Office (DMO) has said that the alarm created around the country’s projected public debt was unnecessary. The Director-General, Mrs Patience Oniha, said this...
The Debt Management Office (DMO), has said the country’s total domestic debt stocks for all states, as of September 2022, had increased to N5.36 trillion, an...
Nigeria’s total debt stock has risen to N44.06 trillion on the back of borrowings by Federal and State Governments. A statement by the Debt Management Office...
…Aviation Experts React Aircraft in the Presidential Air Fleet are at the risk of being impounded by foreign creditors, according to The PUNCH. Findings indicated that...
Nigeria’s total external debt has risen from $10.32bn on June 30, 2015, to $40.06bn as at June 30, 2022, The PUNCH has learnt. This shows that...
The Federal Government has proposed to spend N4.5tn on interest charges for domestic debt by 2023, according to the proposed 2023 budget. This is an increase...