According to the Debt Management Office (DMO), exchange rate swings have contributed to the increase in Nigeria's national debt stock, which went from N97.34 trillion in December 2023 to N121.67 trillion in March. 

Nigeria's Public Debt Rises by 10.7% to N97.34 Trillion - DMO According to the Debt Management Office (DMO), Nigeria's public debt has surged by 10.7% to N97.34 trillion, up from N87.91 trillion in the previous quarter. The report revealed that the rise in debt levels are...

Nigeria's Public Debt Rises by 10.7% to N97.34 Trillion - DMO According to the Debt Management Office (DMO), Nigeria's public debt has surged by 10.7% to N97.34 trillion, up from N87.91 trillion in the previous quarter. The report revealed that the rise in debt levels are...

FG Seeks N360bn In New Bond Auction   The Federal Government will today seek to raise about N360 billion in new borrowings as part of its regular debt issuance to finance budget deficit and augment national revenue. At the auction, the first of series of debt issuances...

FG Seeks To Borrow N360bn In New Bond Auction   The Federal Government will today raise about N360 billion in new borrowings as part of its regular debt issuance to finance budget deficit and augment national revenue. It is the last bond auction by the outgoing...

DMO Defends $13bn Indebtedness To World Bank   The Debt Management Office, DMO, has said that Nigeria’s $13.46 billion World Bank loan is a plus because the loans which came from the international Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) were...