In 5 Months, FG Raised N5.58trn Via Saving Bonds To Fund 2022 Budget Deficit
To bridge the 2022 N6.26 trillion budget deficit, the federal government through the Debt Management Office (DMO) in the first five months of 2022 raised a total of N5.58 trillion through...
FG Raises N984.28bn Via Bonds In 4 Months, Amid 2022 Budget Deficit
Following the drive to raise local funds to finance the N6.26 trillion 2022 budget deficit, the federal government has borrowed a total of N984.28 billion through FGN bonds between January and April 2022,...
Nigeria’s Public Debt Set to Peak at N45tn in 2022
The total debt stock of Nigeria is likely to reach N45 trillion as the Debt Management Office (DMO) plans to borrow additional N6.39 trillion to finance the 2022 budget deficit.
This is according to a DMO...
