DMO

Nigeria’s Total Debt Stock To Hit N77trn On CBN Overdraft, New Loans

January 05, (THEWILL) – The Debt Management Office (DMO) has estimated that public debt stock could rise to N77 trillion at the end of President Muhammadu Buhari’s administration. Director-General, Debt Management Office (DMO), Patience Oniha, confirmed the figures on Wednesday,...

DMO Raises N615.557bn Sukuk Funds In 4 Years

The Debt Management Office (DMO) has raised N615.557 billion through Sukuk for the rehabilitation and construction of new roads across the country in four years. The Director-General of DMO, Ms Patience Oniha, made this known in her presentation titled: "Nigeria...

Total Public Debt Hits N44.06trn In Q3 2022 – DMO

December 10, (THEWILL) - Nigeria’s public debt reached N44.6 trillion in the third quarter of 2022 (Q3 '22), data released by the Debt Management Office (DMO) show. The DMO, in a press statement on its website, said the figure represents...

DMO Issues Two FGN Savings Bonds At N1,000 Per Unit

December 07, (THEWILL) - The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. In a statement, the DMO said the first offer is a...

DMO Lists Ways to Tackle Nation’s Debt Burden, Revenue Challenges

December 05, (THEWILL)The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Oniha said this at the 2022 Capital Market Correspondents Association of...

DMO DG To X-ray Nigeria’s Public Debt At CAMCAN Workshop

The Director-General of the Debt Management Office (DMO), Ms Patience Oniha, will lead other market regulators to discuss the prospects of Nigeria's public debt at the 2022 annual workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN). The workshop...

DMO Offers N100bn Sukuk Bonds For Subscription At N1,000 Per Unit

November 21, (THEWILL) - The Debt Management Office (DMO) has offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit, on behalf of the Federal Government. According to the DMO, the offer is of a 10-year tenor, due...

DMO Lists Two FGN Savings Bonds For Subscription

November 07, (THEWILL) - The Debt Management Office (DMO) has announced the offering of two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. The first offer is a two-year FGN Savings Bond, due in Nov....

Nigeria’s Debt Hits N42.8trn – DMO

September 20, (THEWILL) – The Debt Management Office has disclosed that Nigeria’s total public debt stock has increased from N41.60 trillion, as of March 2022, to N42.84 trillion as of June of the same year, showing an increase of...
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Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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