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Debt Management Office (DMO)

Business and Economy

Nigeria seeks World Bank loan extension to meet IDEAS project deadline

NIGERIA has requested a six-month extension from the World Bank to complete a  $132.42 million loan under the Innovation...
Kehinde OGUNYALE -
Business and Economy

Each Nigerian owes N449,000 as debt rises to N97.34 trn

THE latest Debt Management Office (DMO) report has shown that Nigeria’s total public debt rose to N97.34 trillion as...
Kehinde OGUNYALE -
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Data Stories

Nigeria: Whether or not you read this, you owe ₦405,520

THE notion that Nigeria’s economy is grappling to survive with a high inflation rate, increased poverty and debt profile...
Kehinde OGUNYALE -
Business and Economy

32 states propose N14.04 trillion as budget for 2024

BARLY two weeks to the end of 2023, 32 State Governors in Nigeria have presented their proposed budget for...
Kehinde OGUNYALE -
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Business and Economy

Nigeria borrowed $2.9 billion from World Bank in 2022-Report

A recent International Debt Report released for 2023 has shown that Nigeria was the highest recipient of fresh loans...
Kehinde OGUNYALE -
Business and Economy

20 states reduced their domestic debts by N62bn in three months

DATA from the Debt Management Office (DMO) have shown that the total domestic debt figure for the 36 states...
Kehinde OGUNYALE -
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