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Tinubu seeks NASS approval to...

Tinubu seeks NASS approval to borrow $21.5...

DMO: Debt servicing hit ₦3.57trn...

DMO: Debt servicing hit ₦3.57trn in Q3...

Tinubu seeks NASS approval to borrow $21.5 million, ¥15 billion loan

Tinubu seeks NASS approval to borrow $21.5 million, ¥15 billion loan President Bola Tinubu has requested the National Assembly’s approval to secure external loans of $21.5 million and ¥15 billion, along with a grant of €65 million, as part of the federal government’s proposed 2025–2026 external borrowing plan. The president’s request was contained in a letter read by the Senate President, Godswill Akpabio, during the plenary on Tuesday. In the letter, Mr Tinubu explained that the funds will be used to generate employment, promote skill acquisition, enhance entrepreneurship, reduce poverty, and boost...

Tinubu seeks NASS...

Tinubu seeks NASS approval to borrow $21.5 million, ¥15 billion loan President Bola Tinubu has requested the National Assembly’s approval to secure external loans of...

DMO: Debt servicing...

DMO: Debt servicing hit ₦3.57trn in Q3 2024 Nigeria’s total debt service costs, covering both external and domestic obligations, surged in the third quarter of...

Nigeria’s public debt...

Nigeria's public debt soars to N121 trillion in March The Debt Management Office (DMO) says  Nigeria's total public debt has soared to a staggering N121.67...

DMO offers N360...

DMO offers N360 billion FGN bonds for subscription through auction The Debt Management Office (DMO) on Tuesday offered four Federal Government of Nigeria's (FGN) Bonds...

DMO faults IMF...

The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over 92 per cent of...
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