Nigeria has obtained a total of $2.7 billion in loans from the World Bank during the tenure of President Bola Tinubu, sparking concerns about the country's escalating external debt servicing ...
The Federal Government of Nigeria spent approximately N1.79 trillion on servicing its domestic debt between July and September 2023, according to the Domestic Debt Service Report for the third quarter ...
The Federal Government’s promissory note debts rise by 60 per cent in four years despite significant repayments, Sunday PUNCH has learnt. According to Investopedia.com, a promissory note is a debt ...
The Debt Management Office yesterday said it will auction N360 worth of FGN Bonds to domestic investors this month in continuation of the Federal government’s efforts to borrow N11 trillion ...
Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in 2022, data from the Debt Management Office has shown. According to DMO, N2.93tn was spent on external and ...
The Debt Management Office has announced that it raised N724.9 billion in February 2023 Federal Government bond auction. DBO said it was a 100% increase compared to the previous year. ...
The Debt Management Office has said it raised N130bn from its N100bn Ijarah Sukuk bonds, which were issued on November 21, 2022. In a statement on its website on Monday, the ...
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