The Katsina State Government has refuted the claim by the Debt Management Office (DMO) that the Governor Dikko Radda-led administration has increased the state’s debt profile. A report recently published by the DMO...
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1 Minute
JUST IN: DMO offers N225bn bonds for subscription
The Nigerian Debt Management Office, DMO has offered three Federal Government Bonds, which are valued at N225 billion for subscription. This disclosure is contained in a circular on the website of the DMO’s...
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2 Minutes
DMO: How Nigeria can lower debt service-to-revenue
The Debt Management Office has said that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like Ghana, Kenya, and Angola. According to the DMO, while Nigeria has a...
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3 Minutes
DMO: Government borrowings not necessarily bad
The Debt Management Office (DMO), said borrowings by countries to finance budget deficits and critical infrastructure is not necessarily bad. Patience Oniha, the Director-General of DMO said this in an interview with...
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3 Minutes
DMO Reacts To Claims That National Assets Are Used As Collateral For Chinese Loans
The Debt Management Office (DMO) has disclosed that no national asset was used as collateral for the solicitation of loans from China. This was disclosed by the director general of DMO, Patience Oniha during...
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2 Minutes
Nigeria’s debt increased by n2.3trn in three months, DMO Says
The Debt Management Office (DMO) has stated that Nigeria’s total public debt (federal and state governments) hit N35.46 trillion at the end of the second quarter (Q2) of 2021. This represents an increase of...
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