N159.28trn Debt: Per Capita Burden of N724,000 Sparks Debate on Borrowing for Progress or Survival
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, a figure that translates into an average ...
Tag: DMO
Nigeria’s Fiscal Trap: Revenue Not Debt
Nigeria's fiscal sustainability is currently facing an unprecedented challenge that contradicts conventional economic metrics. While the nation's debt to GDP ...
Nigeria’s Public Debt Hits N152.39 Trillion in Q2 2025
Nigeria’s total public debt rose to N152.39 trillion in the second quarter of 2025, up from N149.38 trillion recorded in ...
Despite IGR Gains, 32 States Rely on FAAC for Over 60% of Their Revenue
Despite recurring calls for fiscal federalism and economic diversification, most Nigerian states remain tethered to monthly allocations from the Federation ...
DMO Opens November FGN Savings Bond Offer with Up to 14.565% Yield, Aiming to Strengthen Domestic Investment and Boost Nigeria’s Economy
The Debt Management Office (DMO) has announced the opening of subscriptions for the November 2025 Federal Government of Nigeria (FGN) ...
Nigeria Faces $1.12B Eurobond and N100 B Sukuk Maturities as 2025 Draws to a Close
Nigeria is gearing up to confront two major debt obligations before 2025 ends: a $1.12 billion Eurobond and a ₦100 ...
Federal Government of Nigeria Opens N260 Billion Bond Offer: A Strategic Pivot in Sovereign Debt Management
The Debt Management Office (DMO) is preparing to launch a fresh bond issuance worth N260 billion, offering two reopened sovereign ...
Nigeria’s Fiscal Deficit Widens to N13.5 Trillion in 2024, Raising Debt and Growth Concerns
Nigeria’s fiscal deficit rose sharply to N13.51 trillion in 2024, surpassing government projections and breaching the Fiscal Responsibility Act’s 3.0 ...
Inside Nigeria’s ₦152 trillion debt Surge
Nigeria’s public debt has reached a record-breaking ₦152.39 trillion as of June 30, 2025, after rising by ₦3 trillion in ...
