States Return to Borrowing as Domestic Debt Hits ₦4trn Despite Revenue Surge
...FAAC allocations soar 161% in three years ...Weak IGR, rising costs fuel renewed debt appetite States in Nigeria are ...
Tag: DMO
External debt service gulps N2.70tr, 45.2% of Q2 2025 revenue
Nigeria spent N2.70 trillion on external debt service in the second quarter of 2025, according to the Budget Office of ...
Experts Caution Against Mounting Debt Amid FDI Decline
Nigeria’s mounting public debt amid drastic plunge in foreign direct investment remains a disturbing trend in the country’s fledging economy, ...
Nigeria’s public debt hits N149.39 trillion in Q1 2025 – DMO
Nigeria’s total public debt rose to N149.39 trillion as of March 31, 2025, according to the latest data released by ...
Nigeria’s N300bn Sukuk offering oversubscribed by 735% – DMO
Debt Management Office (DMO) says the federal government recorded a total of N2.2 trillion subscription from the N300 billion series ...
‘N1,000 per unit’ — DMO to auction N300bn FGN bonds on March 24
‘N1,000 per unit’ — DMO to auction N300bn FGN bonds on March 24 The Debt Management Office (DMO) says it ...
Nigeria foreign direct investments increase imminent in 2025 – Report
Nigeria’s foreign direct investments are expected to increase in the coming year, 2025, provided current economic reforms are sustained, analysts ...
New borrowing, Ways and Means increased Nigeria’s debt by N24.3trn – DMO
The Debt Management Office (DMO) says the rise in Nigeria’s public debt stock is partly due to new borrowing, as ...
Nigeria’s public debt hits N97.34trn in Q4 2023 – DMO
Nigeria’s public debt hits N97.34trn in Q4 2023 – DMO ...Cooking Gas Price Increased By 19.75% In February – NBS ...
Nigeria’s debt profile now N87.91trn — DMO
Nigeria’s debt profile now N87.91trn — DMO The Debt Management Office has said Nigeria’s public debt profile has increased ...