Tag : DMO
Nigeria’s debt servicing exceeding 100% – KPMG
A professional services firm, KPMG has warned that Nigeria’s debt service to revenue ratio may exceed 100 percent in 2023. This is even as the country’s...
DMO tasks incoming govt on revenue generation
DMO.Photo:Archive/Radio Nigeria It is imperative for the incoming Government to evolve ways of generating revenues to ensure debt sustainability, the Debt Management Office, DMO has...
FG removes N78b from states allocation
Report from the National Bureau of Statistics (NBS), shows that the Federal Government deducted N78bn from allocations made to the states for external debt servicing....
Nigeria has not defaulted in Chinese loan repayment-DMO
The Debt Management Office, DMO has said Nigeria has not defaulted on the repayment of its Chinese loans. In a statement, the DMO said claims...
Nigeria’s debt stock hits N46.2trn-DMO
Nigeria’s total debt stock now stands at forty-six point two trillion naira. This is as at December 2022, the latest data released on Thursday by...