Tag: Debt Management Office

Top 5 Stories Of The Day | Nigeria's Public Debt Hits ₦142 Trillion

Top 5 Stories Of The Day | Nigeria’s Public Debt Hits ₦142 Trillion

Nigeria's public debt hits ₦142 trillion NNPCL increases fuel price to ₦960 and ₦990 per litre Minister of Interior reveals that FG is set to digitalise passport applications from March…

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Incoming President will be walking into N77trn debt – DMO

According to Patience Oniha, director general of the Debt Management Office (DMO), by the time President Muhammadu Buhari's term expires in May, the new administration would have inherited roughly N77…

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The Big 5: Police dismiss inspector ‘for shooting and killing’ Kolade Johnson; Nigeria’s total debt now N24,39tn | Other top stories

Here are the stories you should be monitoring today: Police dismiss inspector for 'shooting and killing' Kolade Johnson The Nigerian Police have announced the dismissal of Ogunyemi Olalekan, an inspector,…

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The Big 5: Ahead of PDP primaries, Saraki visits Jonathan; U.K. announces programme to raise 3 million poor Nigerians | More stories

These are the stories you should be monitoring today: British Prime Minister, Theresa May on Wednesday visited Lagos as part of her visit to Nigeria and tour of some African countries.…

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Opinion: The many dangers of senseless debts

by Jide Ojo It is no longer news that the country’s economy is in recession. Many Nigerians are cash-strapped. This is as a result of salaries and wages not being…

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Opinion: The anxiety over Buhari’s $29.9bn foreign loan

by Shittu Yunus Shittu After more than a year with the emergence of current administration of President Muhammadu Buhari, Nigerians are getting impatient and complaining that the change mantra is…

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N4.17trn: How much Nigeria has borrowed in a year

Statistics from the Debt Management Office (DMO) on Tuesday has shown that Nigeria's debt has risen from N12.12tn in June 2015 to N16.29tn as of June 30, 2016, indicating a N4.17tn increase. The…

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Nigeria set to raise $1bn from international capital market

The Debt Management Office, DMO, has disclosed that the Federal Government has started plans to raise $1 billion from International Capital Market in 2016. It said the $1billion sale is…

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This is the staggering amount FG borrowed under Jonathan’s government

by James Sambo President Goodluck Jonathan has been in charge of Nigeria's affairs for a little over five years, and under his leadership, the Federal Government has borrowed N5,04tn from…

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Olusegun Adeniyi: Why fuel scarcity problem will not just go away

by Olusegun Adeniyi Against the background that pipelines are vital security assets of any nation, in most countries, tampering with them is almost akin to treason. But we are yet…

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@GovAyoFayose can lie o: See how we breakdown his comments about #Ekiti’s debt profile

by Tunji Andrews The nation Nigeria on Thursday, took another leap forward in achieving it's democratic potential as Ayodele Fayose was sworn in as the 4th democratically elected Governor of…

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