Tag Archives: DMO

Nigerian Exchange Limited (NGX or The Exchange) has restated its commitment to support the Debt Management Office (DMO) to deepening the capital market.

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Mr. Lamido Yuguda, Director General, Securities and Exchange Commission (SEC); Ms. Patience Oniha, Director General, Debt Management Office (DMO); Mr. Haruna Jalo-Waziri, Managing Director/CEO, Central Securities and Clearing System Plc (CSCS); Mr. Temi Popoola, Chief Executive Officer, Nigerian Exchange Limited (NGX); and Dr. Angela Sere-Ejembi, Director, Financial Markets Department, Central Bank of Nigeria (CBN) during a strategic meeting with the DMO and other market stakeholders at Radisson Blu Hotel, Lagos on Thursday, 17 February 2022.

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The Debt Management Office has clarified that loans from China to Nigeria, which presently stood at $3.59bn, constitutes only 9.4 per cent of the country’s total foreign debt stock of $37.9bn.

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Photo Caption: From Left--Director General, Debt Management Office ( DMO) Mrs Patience Oniha with Director General, Securities and Exchange Commission Mr Lamido Yuguda (SEC) during a Meeting between The SEC and  DMO in Abuja attached the weekend

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Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown.

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Against the continued increase in infrastructure deficit in the domestic economy, experts in the finance industry have urged the private sector to support the federal government's drive to finance the infrastructural deficit in the country.

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Nigeria’s 36 states and the Federal Capital Territory as at 31st December 2020 have accumulated a total of $4,773,631,955.06, the Debt Management Office has published. According to the chat, Lagos State accumulated the highest debt which stood at $1.3bn while Taraba State recorded the least which stood at $20.7m. Meanwhile the Federal Government as at same date owed a whopping …

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The total debt owed to the World Bank Group by Nigeria rose by $1.3bn in one year to $9.81bn as of September 2019, latest data from the Debt Management Office showed on Wednesday.

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**Senator Says Debts Okay For Development Tayo Olanipekun, Washington DC The government is willing to show to Nigerians what projects its various debts are tied to as details of these are not currently in the public domain, the Finance Minister, Zainab Ahmed, has said. She made this known on Thursday at a panel discussion during the World Bank/IMF ongoing Annual …

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The Debt Management Office (DMO) has said that as at June 30, 2019 Nigeria was owing N25.7 trillion both domestically and externally.

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