Tag: DMO
Nigeria’s total debt soars to N49.85 trn – DMO
The Debt Management Office has said Nigeria’s total foreign debt for the period ending March 31st, 2023, has risen to N49.85 trillion ($108.30 billion)...
Avoid more borrowing, DMO advises FG
The Debt Management Office, DMO, has cautioned the Federal Government against more borrowing, saying 73.5 per cent of revenue generated this year will be...
‘Develop ports to compete globally’, Minister charges shippers
The Nigerian Shippers’ Council has been charged by the Minister of Transportation, Mu’azu Sambo to ensure the establishment of a Port Community System.
Speaking during...
DMO records N45bn subscription in five years
The Debt Management Office has disclosed that the Federal Government Savings Bond has received a total subscription of N45.135 billion between 2017 and 2022.
The...
Debt to hit N77tn as loan servicing takes N5.2tn – DMO
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by the President Muhammadu Buhari towards restructuring the Ways and...
Endless borrowing dangerous for Nigeria’s survival – DMO
The Debt Management Office has said it has been difficult for Nigeria to borrow from the international markets as global lenders and investors are...
Nigeria’s public debt soars by N2.04tn in Q1 – DMO
Nigeria’s total public debt stock increased to N41.60tn in the first quarter of 2022 from N39.56tn as of December 2021. The Debt Management Office...
DMO unveils N720bn borrowing plan for Q2
The schedule of the Federal Government’s N720 billion domestic borrowing plan for Q2’22 has been released by the Debt Management Office (DMO).
The schedule is...
Nigeria’s total debt may hit N50tn – Report
Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, may hit N50tn within the...
Nigeria rakes $1.25 billion through Eurobonds in the International Capital Market...
Nigeria has pulled in a $1.250billion seven-year Eurobond in the International Capital Market (ICM).Proceeds of the Eurobond will be used to finance critical capital...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
