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DMO

Business and Economy

$2.2bn Eurobond auction: Nigeria to repay $4.31bn at maturity

THE latest $2.2 billion Eurobond borrowing will not only heighten Nigeria's public debt profile but will make the government...
Ehime ALEX -
Business and Economy

Economists knock DMO over claims N121trn debts normal, within limits

SOME Economists have criticised the defence by the Debt Management Office (DMO), over N121 trillion Nigerian debt, despite Nigeria...
Harrison EDEH -
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Business and Economy

Nigeria’s public debt stock rose to N121.67trn in Q1 2024 – DMO

NIGERIA's total public debt portfolio has risen by 24.99 per cent in a space of three months to N121.67...
Ehime ALEX -
Banking and Finance

Latest World Bank loan pushes Nigeria’s debt to over N162trn

NIGERIA's public debt profile has further worsened to $110.48 billion, approximately N162.81 ‬trillion, following the approval of new sets...
Ehime ALEX -
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Business and Economy

Nigeria to face higher debt burden in 2024, says IMF

NIGERIA will face a higher percentage of debt to gross domestic product (GDP) burden in the coming year, according...
Ehime ALEX -
Business and Economy

Nigeria took $1.95bn World Bank loans in 3 months under Tinubu

NIGERIA has secured an additional $700 million loan from the World Bank to boost adolescent girls learning and empowerment....
Kehinde OGUNYALE -
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