The Federal Government has announced that investors interested in its new financial instrument must meet specific identification requirements. This information is detailed in a Frequently Asked Questions (FAQ) document provided by the Debt Management Office (DMO) on its website. To participate in the domestic dollar bond issuance, all Nigerian citizens—whether residing in Nigeria or abroad—must … Read more
State Government Challenges Accuracy of Debt Management Office’s Report Governor Otu’s Aide: “I have not obtained any loans. There’s no record of fresh borrowing” Administration Invites Evidence, Clarifies DMO’s Debt Profiling Methodology Eko Hot Blog reports that the Cross River State Government has vehemently denied allegations made by the Debt Management Office (DMO) regarding the … Read more
Eko Hot Blog reports that The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external and domestic debts of the Federal Government, the 36 … Read more
Nigeria’s Public Debt raises to N39.556trn Ms Patience Oniha, Debt Management Office (DMO), said the trend was coming from the consecutive many years of borrowing. EKO HOT BLOG reports that Ms Patience Oniha, Debt Management Office (DMO), Thursday revealed that Nigeria’s total debt, comprising federal, states and the Federal Capital Territory rose to N39.556 trillion … Read more