The Director-General, Debt Management Office (DMO) Abraham Nwankwo stated in Kano that the newly introduced Federal Government of Nigeria Savings Bond is designed to empower Nigerians across board with the financial capacity to acquire and live better lives. Nwankwo who spoke to representatives of business...

The Debt Management Office (DMO) says it has raised the entire N1.18 trillion domestic component of the 2016 approved borrowing to fund the economy this fiscal year. Addressing members of the Senate Committee on Local and Foreign Debts, the Director General of the DMO, Dr...

• Reps warn Adeosun, Emefiele, Nwankwo over bailout for states • Seek probe of arms purchase The Senate ordered the refund of N263,931,254,708.51 billion allegedly diverted from the Tertiary Education Trust Fund (TETFUND) by the Federal Government. The decision follows a revelation of mismanagement of funds in...

The Federal Government is set to borrow N1.84 trillion from external and domestic markets to finance the 2016 budget, the Director-General, Debt Management Office, DMO, Dr. Abraham Nwankwo has said. According to him, the government will borrow N900billion and N984 billion from the external and...