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DMO

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 -
Business and Economy

Each Nigerian owes N396,376 as public debt rises to N87.4 trillion

AN analysis of Nigeria's public debt stock, released by the National Bureau of Statistics, has shown that each Nigerian...
Kehinde OGUNYALE -
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Data Stories

Governors’ ‘jumbo’ appointments cost millions in salaries monthly

AMIDST dwindling revenue generation, revenue to debt management and increasing demand by citizens for improved infrastructural development, state governors...
Kehinde OGUNYALE -
Business and Economy

Debt Management Office cautions FG on reckless borrowing, calls for bold reforms

THE Debt Management Office (DMO) has issued a warning to the Federal government against additional borrowing, raising a concern...
Harrison EDEH -
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Business and Economy

Budget Deficit: Why Nigeria’s debt is rising – DMO

THE Debt Management Office (DMO) has explained that decades of operating budget deficits by successive governments is responsible for...
Mustapha USMAN -
Banking and Finance

Why World Bank loan is good for Nigeria-DMO

THE Debt Management Office (DMO) says Nigeria’s indebtedness to the World Bank, which grew from 6.29 billion dollars in...
Harrison EDEH -
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