Nigeria’s Debt Management Office (DMO) has stated that Nigeria’s debt to GDP ratio is 23 per cent, which is still within the country’s self-imposed limit of 40 per cent. This Director-General of the DMO, Patience Oniha, said this during an…
The Bureau of Public Service Reforms (BPSR) and Nigeria Extractive Transparency Initiative (NEITI) have emerged as the most compliant agencies in terms of Freedom of Information (FoI) and transparency ranking. The organisations were announced winners by the Public and Private…
…Says Govt must increase revenue generation to reduce borrowing By Moses Adeniyi Burden of Nigeria’s public debt stock has been worsened by petrol subsidy as the borrowings of the Federal Government to finance budget deficits were increased by N1trillion to…
The Debt Management Office (DMO) will on Wednesday hold the Northeast version of its Federal Government of Nigeria (FGN) Securities Awareness Programme in Yola, Adamawa. The Director-General of the DMO, Patience Oniha, says the programme is being planned in collaboration…
The Debt Management Office (DMO) has stated that/ Nigeria’s total public debt stock, rose to N42.84 trillion (103.31 billion dollars) in June 2022 from N41.60 trillion (100.07 billion dollars) in the previous month. This is according to a statement obtained…
Debt Management Office (DMO) has reviewed its bonds issuance calendar for the third quarter of 2022. According to the revised calendar, the DMO is scheduled to raise about N720 billion through some re-opened Federal Government of Nigeria (FGN) bonds. On…
The Debt Management Office (DMO) of Nigeria has released its FGN bond issuance calendar for the third quarter of 2022. This is contained in a document released by the DMO on its website. According to the press release, the issuance…
The Debt Management Office (DMO) says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Mrs Patience Oniha made the declaration in Abuja on Wednesday when she spoke with the journalists. “How much revenue…
The Debt Management Office (DMO) has announced the listing of three Federal Government of Nigeria bonds valued at N225 billion for subscription via auction at N1,000 per unit. The DMO made the announcement in a statement issued in Abuja. The…
The Director General of the Debt Management Office, Patience Oniha, has said that high debt levels lead to high debt services and affect investment in infrastructure. This is according to a document by her, which was presented during a workshop…
