Legit on MSN13d
FG Asks Debt Management Office to Raise Fresh N758bn Debt to Clear Pension Arrears
The federal government is raising fresh N758 billion debt to clear the outstanding pensions backlog. Debt Management Office ...
Arise13d
Nigeria Must Transform Debt Into Economic Asset, Shettima Says At DMO’s Supervisory Board Meeting
Shettima has said Nigeria’s public debt, when prudently managed, can drive infrastructure development and economic growth.
Hosted on MSN26d
See the top source of Nigeria's N143 trillion debt, China tops
DMO revealed that domestic debt service for the third quarter was N1.43 trillion from N1.86 trillion in the previous quarter. Nigeria’s bond interest payments skyrocketed to N1.25 trillion in Q3 ...
businessday13d
Nigeria’s debt-to-GDP ratio to slow to 40% on economy rebasing
Nigeria’s plans to rebase its economy could potentially see its rising debt as a share of gross domestic product (GDP) fall ...
Hosted on MSN23d
Expert reveals why Nigeria's debt profile will hit N150 trillion this year
The naira depreciation causes a rise in debt increase DMO data shows that Nigeria’s public debt rose to N142.3 trillion as of September 30, 2024, an increase of 5.97%. This represents N8.02 ...
TheCable13d
Shettima inaugurates DMO supervisory board, says debt can reduce poverty with prudent management
With prudent management, debt can be transformed into an asset for economic growth and poverty reduction,” the vice-president ...
allAfrica.com on MSN12d
Nigeria Must Turn Debt To Economic Asset For Growth — VP Shettima
Vice President Kashim Shettima has inaugurated the Supervisory Board of the Debt Management Office (DMO) as part of efforts ...
allAfrica.com on MSN18h
Nigeria: Pension Fund Exposure in FGN Securities Rise By 18.5 Percent to N14.1trn
The Federal Government, FGN Securities' Net Asset Value, NAV, under the Pension Fund Administrators, PFAs', investment rose significantly by 18.5% to N14.1 trillion at the end of December 2024 from ...
Nigerian Tribune on MSN13d
Nigeria: FEC approves $509.3mln to clear pension liabilities
The outstanding liabilities stem from accrued entitlements under the old pension system, which preceded the current ...
businessday1d
Bond investors told to rethink strategies ahead rate cut
Fixed-income investors have been told to rethink strategies amid growing projections over a possible interest rate cut by the ...
LEADERSHIP Newspaper25d
DMO To Raise N450bn In FGN Bonds
The federal government through the Debt Management Office (DMO) is set to raise N450 billion from issuance of Federal Government of Nigeria (FGN) Bonds next week with a new 10-year paper being ...