Nigeria’s total domestic debt service reached N1.707 trillion in the second quarter of 2025 (April–June), according to new figures released by the Debt Management Office (DMO). Data on the agency’s official website shows that the Federal Government spent N1.686 trillion on interest payments across multiple instruments and N20.14 billion on principal repayments, bringing total domestic […]
By Philip Clement In a push to make state governments’ debt more sustainable, the Debt Management Office (DMO) and the World Bank have presented Guidelines for the Legal Framework for their debt management operations. Both the DMO and the World Bank disclosed an engagement where the duo presented the guidelines, virtually, as part of the […]
…N5.864trn spent so far by OBJ, GEJ, Buhari to rejuvenate sector with little to show …Stakeholders bemoan unimpressive power supply, demand improved supply …Our challenges, by TCN, GenCos, DisCos There is anxiety across the country following the Federal Government request of a fresh $3 billion loan from the World Bank to reform the power sector. […]
The second tranche of the federal Government’s retail bond offer opened on Monday April 03, 2017 and will end on Friday April 7th 2017, while the settlement date is April 12th. The interest rate for the debts instrument, according to the Debt Management Office (DMO) stipulates that, the 2 years bond attracts 12.794 per cent, […]