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The President, Major General Muhammadu Buhari (retd.), on Saturday, defended his government’s borrowing describing it as a vital step to supply infrastructure that would extend possibilities for the increase of…
The Debt Management Office (DMO) has uncovered that Nigeria’s absolute open obligation stock, which was N41.60 trillion ($100.07 billion) in Spring, rose to N42.84 trillion ($103.31 billion) by June 30,…
Nigeria’s total debt stock comprising the debts of the Federal Government, 36 states and the Federal Capital Territory (FCT) as at September 2019 now stands at N26.215 trillion Director General…
The Director-General, Debt Management Office (DMO), Ms. Patience Oniha, has disclosed that the total public debt of Nigeria as at December 31, 2018 is N24.38 trillion. The DMO DG, who…
Jennifer Akamanu Department of Management Office said that Federal Government borrowed a total of N2.32tn in 2017 to fund deficit in the budget. DMO said this in its 2017…
