Fed Govt’s New Borrowings Rise By 278.03% In Six Years     The Federal Government’s thirst for debts appears to have deepened as new borrowing allocations rose by 278.03 per cent or N4.03tn between 2015 and 2021. This was disclosed in the presentation of the public debt data...

Fed Govt’s Borrowing From CBN Rises By 96.54%, Now N18.16trn   The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has risen by 96.54 per cent or 8.92tn in two years, data collated from the CBN have shown. It rose...

Fed Govt Incurs N950bn New Domestic Borrowing In Q1, 2022 The Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office has revealed. The fresh borrowing was disclosed on March 17 in the presentation of the Public...

We Have Improved Infrastructure, Revenue Despite High Borrowing – DMO   The Debt Management Office (DMO) has said that criticism of the federal government’s borrowings have failed to take into account the level of infrastructure and improved generation strategies. In a statement on its website Sunday, which...

Investors Commit N3.36trn To FG Bonds   Investors committed about N3.36tn to Federal Government bonds between January and December 2021, according to an analysis of the FGN Bond Auction results available on the website of the Debt Management Office. Bond oversubscriptions hit N1.61tn within the period under...

FG Raises N2.7trn Through FGN Bonds, N8.09bn Via Savings Bond In 2021   Data released by the Debt Management office (DMO) has showed that the federal government in 2021 raised N2.72 trillion through FGN Bonds as well as the N8.09 billion through Savings Bond. This is as...