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Nigeria owed N25.7 trn debt as at June 30 — DMO

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The Debt Management Office (DMO), says as, at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally. The DMO said this in...

Nwankwo not scheming to extend tenure as DMO DG – Presidency

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The Director-General of the Debt Management of Office, Dr. Abraham Nwankwo, is not scheming to extend his stay at the Agency when his second...

Borrowed funds to be used for capital projects, says DMO boss

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Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, has restated that the Federal Government is fully committed to ensuring that all...

DMO facilitates bailout for 23 states, helps to restructure N575 billion...

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The Debt Management Office (DMO) has helped to facilitate bailout for 23 states of the federation by working out an arrangement under which their...

More states get Buhari’s lifeline as NEC meets in Abuja

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States of the federation have started benefiting from the Special Intervention Fund aspect of the presidential relief package earlier approved by President Muhammadu Buhari. This...