Debt Management Office

Nigeria’s Debt Service Burden Surges to N16.26tn Amid Fiscal Strain

May 01, (THEWILL) — Nigeria’s debt service obligations have risen sharply, climbing to N16.26 trillion in 2025 from N7.79 trillion in 2023, with the most significant increases occurring since the current administration assumed office in Q3 2023. Data from...

Nigeria’s Total Debt Hits N87.37trn in Q3 2023 — DMO

December 10, (THEWILL) - Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023, the Debt Management Office (DMO) said on Friday. Director General of DMO, Ms. Patience Oniha, disclosed this on Friday, during an interactive session...

Nigeria’s Total Debt Hits N87.37trn In Q3 2023 — DMO

December 08, (THEWILL) - Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023, the Debt Management Office (DMO) said on Friday. Director General of DMO, Ms. Patience Oniha, disclosed this on Friday, during an interactive session of...

DMO Auctions Four FGN Bonds Valued At N360bn

December 05, (THEWILL) - The Debt Management Office (DMO) has announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. A statement issued by the DMO, on Tuesday, said the first...

Multidimensional Poverty: Rivers Among Leading South-South States With Most Poor People – Report

November 05, (THEWILL) - Notwithstanding its stupendous wealth, Rivers ranks among the leading poor states of the South-South. A number of quality living indices are also against the 56-year-old oil rich state which sits atop humongous wealth that derives...

CACOL Cautions FG On Debt Burden

October 20, (THEWILL) - The Centre for Anti-Corruption and Open Leadership, (CACOL), has cautioned the federal government on the huge debt burden being imposed on the country. In a release issued and signed by CACOL’s Director of Administration and Programmes...

Policy Reversal On 43 Import Items Compounds Manufacturers’ Woes

October 22, (THEWILL) - If there are winners and losers in the recent policy reversal which restored the 43 import items formerly restricted from the official foreign exchange (forex) window, it is the manufacturing sector. In a twist of events,...

Bleak Outlook As Debt Servicing Gulps 106% Of FG’s Revenue

October 08, (THEWILL) - Notwithstanding the “bold” reforms introduced by the Nigerian government to address the lingering structural challenges impacting on the nation’s fiscal space, emerging facts reveal that the economy is headed for a bleak outlook as the...

DMO Offers N150bn Sukuk Bond For Subscription

October 03, (THEWILL) - The Debt Management Office (DMO) on behalf of the Federal Government, has offered for subscription, Ijarah Sukuk, valued at N150 billion. Sukuk is a Sharia-compliant instrument that represents the interests of the owner in an asset...

Nigeria’s Public Debt Stock Rises to N87.38tr

September 17, (THEWILL) - Nigeria’s public debt stock increased from N49.85 trillion (108.30 billion dollars) in the first quarter of 2023 to N87.38 trillion (113.42 billion dollars) in the second quarter of 2023. The report said Nigeria’s public debt stock,...
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